Key Takeaways
Ethereum outperformed different altcoin sectors as provide shrank and whale bets mounted. With transactions hitting data and ETH rebounding, the query stays: can this momentum spark a sustained rally?
Ethereum [ETH] traded increased on the each day chart, logging modest positive factors over the previous 24 hours. The altcoin continued to steer the season, extending its outperformance towards Bitcoin [BTC].
The altcoin’s rally has been fueled by whale and institutional accumulation, with retail additionally becoming a member of the practice. A lot of the altcoin sectors had, nonetheless, shifted again to closing within the crimson.
Ethereum vs. different altcoins
Evaluating ETH to different altcoin sectors, it confirmed clear management this month. ETH led with a efficiency studying of 0.20, barely increased than these of Layer 2s (L2) and DeFi tokens.
By mid-August, DeFi and L2s briefly led, however ETH reclaimed the lead into month-end. Naturally, DePin and AI tokens trailed just under.
Supply: Glassnode
As Q3 2025 closed in, sectors akin to gaming, AI, and staking posted losses. The truth is, Ethereum stood out because the chief of capital rotation.
Ethereum value rebounds
On the weekly value motion, ETH depraved to $4,900 earlier than rejection. The spike signaled a possible rally, breaking a double prime close to $4,000.
Latest value motion examined the $4,400 zone, a restoration from the dip beneath $4,300. As of press time, ETH was solely up by about 13%.
Supply: TradingView
If ETH superior towards $4,800, massive liquidation clusters might set off resets. On prime of that, $7.23 billion in ETH quick positions risked a squeeze, doubtlessly propelling the value towards $5,000.
Provide shrinks, whales guess massive!
Moreover, the provision of Ethereum was shrinking with whales, establishments, and retail scooping up extra ETH. The truth is, staking contributed to the provision shock, with practically 30% of ETH staked.
BlackRock reportedly collected practically $1 billion price of ETH over per week. In the meantime, a whale went lengthy on Hyperliquid with 25x leverage at $4,380, constructing a $4.39 million place, per CryptOpus.
Extra importantly, the month-to-month transaction rely hit a brand new ATH of 46.99 million with nonetheless a day left. This was in play regardless of the month of August seeing a discount in positive factors.
Supply: Ted Pillows/X
DEX quantity stood at $135 billion, whereas TVL reached $240 billion. Furthermore, Lively Addresses surpassed 15 million.
Altogether, Ethereum stayed forward of its friends, with robust on-chain momentum reinforcing its dominance.
