Ethereum Price Soars 32.5% in August Amid ETF and Institutional Buying

Ethereum (ETH) price surged in August, rising by 32.5% and marking its strongest monthly performance since July 2025.

The increase was largely driven by United States-based spot Ethereum exchange-traded funds, which drew in $1.85 billion in net capital during the month.

Large wallet addresses holding between 10,000 and 100,000 ETH purchased 430,000 ETH throughout August, while smaller retail addresses disposed of significant holdings, indicating a shift towards institutional players.

Market analyst BATMAN noted that Ethereum's price movement signaled a trend reversal back to bullish territory after nearly twelve months of downward pressure. He observed that the 50-day moving average, which had previously served as resistance, is now functioning as a support level.