{"id":47702,"date":"2025-08-09T13:00:03","date_gmt":"2025-08-09T10:00:03","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=47702"},"modified":"2025-08-09T11:46:14","modified_gmt":"2025-08-09T08:46:14","slug":"ethereum-breaks-4000-altcoin-season-coming","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethereum-breaks-4000-altcoin-season-coming\/","title":{"rendered":"Ethereum Breaks $4,000: Is Altcoin Season Coming?"},"content":{"rendered":"

Ethereum<\/strong> has surpassed the $4,000 mark for the first time in eight months, reaching a daily high of $4,200. This surge brings it within $600 of its all-time high of $4,867 set in November 2021. ETH has gained over 44.5% in the past month, rising 7.9% in the last week and 5.6% in the past 24 hours. Since April 21, Ethereum has outperformed Bitcoin by roughly 90%.<\/span>\u00a0<\/span><\/p>\n

Two main factors are driving this rally. The first is aggressive ETH accumulation by institutional investors. BitMine<\/strong> leads with over 833,000 ETH worth $3.3 billion, followed by SharpLink<\/strong><\/a> with around 522,000 ETH<\/strong> worth $2.1 billion. Standard Chartered\u2019s Geoffrey Kendrick stated that these purchases are only the beginning, predicting institutions could eventually hold up to 10% of all ETH.<\/span>\u00a0<\/span><\/p>\n

The second factor is strong inflows into spot Ethereum ETFs.<\/strong> These products attracted around $5 billion in the past month alone. Since launching in July 2024, they have recorded total net inflows of $9.4 billion. Analyst Cas Abb\u00e9 highlighted a notable whale transaction where an investor purchased 10,400 ETH worth $40.5 million via an OTC<\/strong> deal.<\/span>\u00a0<\/span><\/p>\n

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$ETH<\/a> Dominance<\/p>\n

Ethereum Dominance is already ~50-60% of the way in its Macro Uptrend#ETH<\/a> #Crypto<\/a> #Ethereum<\/a> pic.twitter.com\/regkPlcSeF<\/a><\/p>\n

— Rekt Capital (@rektcapital) August 8, 2025<\/a><\/p><\/blockquote>\n