After being lagging behind Bitcoin for most of a decade, Ethereum dethroned the original crypto in volume of monthly and weekly trading spot on centralized exchanges. Market data link this reversal of domination to recent trends, including increased institutional adoption of Ether, as well as a rotation of BTC capital to ETH.
In short
- Ethereum reached $ 480 billion in CEX transactions in August, exceeding Bitcoin for the first time in seven years of market domination.
- ETH ETH ETH attracted $ 3.87 billion in contributions, while Bitcoin products recorded an investment of $ 751 million in August.
- ETH has reached a historic summit (ATH) of $ 4,950, surpassing 93 % of the 100 main digital active ingredients.
- Bitcoin remains solid with an Ath of $ 124,000 and 50 % of positive trading days last month.
Ethereum exceeds Bitcoin in August trading spot volume
After seven years of waiting, Ethereum exceeded the BTC in weekly spot volume on CEX platforms for the month of August. Indeed, this rare change of momentum has ended the annual domination of the BTC over the world spot volumes. The Block data show that The centralized platforms recorded $ 480 billion in Ether transactions During the last month – $ 79 billion more than Bitcoin.
Ethereum's strong progression is fueled by several positive market trends, including a strong exposure via American ETH ETH ETH and business cash accumulations. Last month, Sharplink Gaming launched an accumulation program worth $ 1.5 billion in order to strengthen his assets in Ether.
Institutional holder Ethereum, Bitmine Immersion, made a week-long shopping frenzy in mid-August, accumulating 373,110 ETH in the process.
ETF Spot records record entries and whale rotations fuel market change
In addition to the massive purchases of companies, Ether financial vehicles have also experienced high demand from market participants. According to Sosovalue, the ETH ETH ETH generated $ 3.87 billioninvestments during the month of August. Spot Bitcoin products experienced a negative performance during the same period, recording a loss of investment of $ 751.12 million.
To add to these impressive trends, Ether has also exceeded BTC in gains since the start of the year (YTD). Since the start of the year, ETH has increased by 30 %, against a 20 % rally for Bitcoin over the same period.
Bitcoin whales were also recently involved in important BTC exchanges for Ether, which caused a Flash Crash. Paul Howard, principal director at Wincent, explained that the market could see more of this trend as the institutions turn to ETH as a higher risk alternative and higher award.
It would be worth monitoring the wallets of the Bitcoin whales spent on the ETH this quarter, because this is where I anticipate most of the action “Blue-Chip” in the fourth quarter.
Paul Howard
He added that the crypto market could experience an impressive end of the year If the prospect of an accommodating drop in rates is materialized.
Bitcoin and Ethereum cool down after the vertices of August but keep a bullish dynamic
After a remarkable performance in August, where the two assets have reached new levels, the Bitcoin and Ether price movements have calmed down in recent weeks. At the time of the editorial staff, ETH exchanges around $ 4,403 after having evolved relatively stable over the past week. In addition, Ethereum has recorded only 14 days of positive trading in the past four weeks.
Here are other key trends to note on ETH:
- Reached a historic summit (ATH) of $ 4,950.50 on August 24, 2025.
- Recorded price growth of 83 % last year.
- Surpassed 93 % of the 100 main cryptocurrencies over the same period.
- Currently above the simple mobile average (SMA) at 200 days, signaling a durable upward trend.
- Strong liquidity with a volume ratio on market capitalization over 24 hours of 0.0774.
Bitcoin is currently around $ 112,210 after a slight recovery last week. On-chain data also captures the following trends:
- Reached an Ath of $ 124,171 recorded on August 14, 2025.
- Increased by 97 % in the past year.
- Surpassed 95 % of the 100 main cryptocurrencies, although you have lagging behind the performance of Ethereum.
- Supported bullish feeling, supported by trading above SMA at 200 days.
- Registered 50 % of positive trading days last month.
- The overall prospects of the market remain disturbance, with technical indicators and aligned feeling.
Howard believes that many crypto assets, including Bitcoin and Ethereum, could reach new ATH in the fourth quarter, provided that the Fed begins of rate drops. While the market awaits this bullish trigger, crypto participants remain very attentive to the digital active sector.
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