Ethereum News Today: Ethereum Surges Past $4,300 With 97% Holders in Profit

Ethereum’s price has surged beyond $4,300, pushing nearly 97% of its holders into profit and fueling a broader bullish sentiment across the cryptocurrency market. This rally marks a significant shift in on-chain behavior, with a growing number of investors realizing gains and indicating that the market is in a phase of active profit-taking rather than exhaustion [1].

On-chain metrics from Sentora highlight the widespread profitability among Ethereum holders, while Glassnode’s MVRV Extreme Values indicator shows that the market remains below levels historically associated with overheating and market tops. The indicator is currently hovering near the 2.0 level, well below the 3.0-3.2 range seen during the euphoric peaks of 2017, 2021, and late 2023. This suggests that the market is still in the early to mid-stages of a profit realization cycle [1].

Short-term traders have played a pivotal role in this rally. According to Glassnode data, Ethereum’s 7-day SMA Realized Profits reached $771 million per day in July, surpassing previous records set in December 2024 before easing to $553 million in recent weeks. This trend has been driven primarily by addresses holding ETH for under six months, indicating a wave of short-term capital rotation rather than long-term accumulation [1].

The increased activity among short-term traders has not led to a saturation of profits, a condition typically seen before major market tops. Instead, the ongoing turnover suggests a dynamic and resilient market structure, where sustained demand can absorb short-term selling pressure. This dynamic creates an environment conducive to further price expansion, assuming demand remains strong [1].

Analysts have noted that while corrections may occur due to technical factors such as the CME gap or profit-taking, the overall trajectory for Ethereum remains positive. The broader cryptocurrency market has also seen a surge in inflows, with the total market capitalization reaching nearly $4.14 trillion. This growth has been supported by continued inflows into both Bitcoin and Ethereum spot ETFs. On 22 August, U.S. Ethereum ETFs recorded inflows of $461 million, continuing a 20-day streak of positive flows [2].

Technical indicators also suggest a potential breakout for Ethereum. Some analysts believe the $4,300 level is a temporary ceiling, with the price potentially moving toward $4,500 or even $6,000. A breakout beyond $4,500 could trigger a short squeeze, as CoinGlass estimates around $1.35 billion in short positions might be liquidated [3].

Despite the optimism, caution persists. Samson Mow, a Bitcoin advocate, has noted that capital is rotating from Bitcoin into Ethereum due to new narratives, but he anticipates a reversal once the ETH rally peaks. Similarly, John Glover, Chief Investment Officer at Ledn, predicts that after Bitcoin reaches $140,000 to $145,000, a corrective bear market could emerge in 2026, though it is unlikely to be a deep correction [4].

The rally has also attracted institutional attention. Harvard Management Company has invested $116 million in BlackRock’s iShares Bitcoin ETF, one of the largest institutional bets on the fund to date. Meanwhile, El Salvador has taken steps to integrate digital assets into its financial system by approving a new Investment Banking Law, allowing specialized institutions to hold crypto on balance sheets [5].

Market sentiment remains cautiously bullish, with the crypto fear and greed index at 62, indicating moderate optimism. The interplay between Ethereum’s momentum and Bitcoin’s potential all-time high has created a dynamic environment, with both assets shaping the future of digital finance [6].

Source:

[1] title: Nearly every Ethereum holder in green, BUT ETH's rally ... (https://ambcrypto.com/nearly-every-ethereum-holder-in-green-but-eths-rally-may-be-far-from-over/)

[2] title: Ethereum price nears $4400: 97% of holders in profit (http://www.msn.com/en-in/money/topstories/ethereum-price-nears-4-400-97-of-holders-in-profit-is-the-world-s-second-largest-cryptocurrency-heading-to-7-000/ar-AA1KjCvm?apiversion=v2&batchservertelemetry=1&domshim=1&noservercache=1&noservertelemetry=1&renderwebcomponents=1&wcseo=1)

[3] title: Ethereum Price Prediction: 1.5-Year Resistance Breakout ... (https://cryptodnes.bg/en/ethereum-price-prediction-1-5-year-resistance-breakout-signals-rally-to-7000/)

[4] title: 'We Will See a Corrective Bear Market in 2026' (https://cryptorank.io/news/feed/aa4a1-why-is-crypto-up-today-august-11-2025)

[5] title: Bitcoin flirts with all-time high as rally continues (https://sherwood.news/crypto/bitcoin-flirts-with-all-time-high-as-rally-continues/)

[6] title: Ether Volatility Spikes on Rally as Bitcoin Edges Back ... (https://cryptoadventure.com/ether-volatility-spikes-on-rally-as-bitcoin-edges-back-toward-record-highs/)