ETH Surges Over 30% in August on ETF Inflows and Whale Accumulation
Ethereum (ETH) price surged in August, gaining over 30% as it notched its best-performing month since July 2025.
According to data from SoSoValue, US spot ETH exchange-traded funds (ETFs) attracted $1.85 billion in net inflows, their largest intake in over a year.
This influx of capital coincided with significant wallet rotation across different investor cohorts, with major whales accumulating 430K ETH during the month, primarily from retail investors who offloaded 447K and 292K ETH, respectively.
The recent price rally has led to increased staking contract inflows, with Ethereum staking contracts adding 1.4M ETH in August, their largest since February 2024.