Ethereum Explodes 60.55% in July—Fresh Money Floods In (No, It’s Not Just Bitcoin Refugees)
Ethereum isn't just rallying—it's feasting on new capital while Bitcoin maximalists scramble for explanations.
The real story behind ETH's surge
Forget the 'rotation' narrative. This isn't Bitcoin money hopping fences—it's fresh institutional oxygen hitting DeFi's furnace. The 60.55% July pump smells like hedge funds finally doing their homework (or at least their interns' copy-paste trading).
Why Wall Street's late to the party—again
Traditional finance remains allergic to anything more complex than a futures ETF. Meanwhile, Ethereum's infrastructure stack keeps printing real-world use cases while bankers debate 'blockchain, not crypto' like it's 2018.
Wake-up call: Digital assets don't need your permission to innovate—or appreciate. The market's voting with wallets, and ETH's ballot box just got 60.55% heavier.

- Ethereum’s 60.55% surge in July is fueled by new investments, not a capital shift from Bitcoin to Ethereum.
- Bitcoin’s Realized Capitalization hit a record $1.018 trillion, showing continued growth despite Ethereum’s rise.
- Ethereum’s price growth is driven by optimism and new capital, with large whales buying over $840 million in ETH.
Ethereum (ETH) has recorded a rise of 60.55% this July, where it rallied from $2,398 to as high as $3,850. The increase has attracted contentious activities within the cryptocurrency circles.
CryptoQuant pointed out that the rise is a result of a capital rotation between Bitcoin (BTC) and Ethereum, where investors were selling BTC and investing in Ethereum. Nevertheless, behind this statement is a more complicated factuality.
Bitcoin’s Realized Cap Reaches New Heights
This can be deciphered through the bitcoin Realized Cap index. The concept behind this metric is to follow Bitcoin market value on the price at which each BTC was last moved on-chain, as opposed to the current market price of the king coin. It demonstrates the amount of actual capital in the spot Bitcoin and can illuminate movements of capital between digital assets.
Realized Capitalization of Bitcoin has once again reached an all-time high of $1.018 trillion on the 25th of July. This is another milestone, which shows that Bitcoin is still expanding even as ETH goes through the roof.
The emergence of Ethereum, however, is not characterized by an outgoing in the desire to utilize Bitcoin but with the latest investments. The boom in the capital rates of ETH is due to the rise of Optimism in the future of the network. The ETH ecosystem has also gained this July due to its optimism of many investors about the future.
Ethereum’s Rise Fueled by New Capital and Whale Investments
This HYPE of Genesis Law and the ETH future and its rising trend demand new funds to drive the ETH prices. Analysts report that there is a growth in ETH prices without a significant reduction in the number of Bitcoins. This shows that it is new capital being brought into the market and not that funds raised in Bitcoin are being brought to ETH.
Whales in the ETH network have been literally at work within the last few days. Overall, over the past 48 hours, the biggest ETH owners have purchased approximately equal to 220,000 ETH or a mean value of about $840 million nowadays.
It is one of the immense investments, and it is an indication of the growing self-confidence about the future of ETH and the influx of cash into the cryptocurrency.
No indication of a huge rearrangement of capitals between Bitcoin and Ether can be spotted. The figures show that there is real capital investment still undergoing an upswing in Bitcoin. The emergence of ethereum is what is fuelled by new capital on the network, and not the selling of Bitcoin.