Historical data suggests a high likelihood of an Ethereum correction in September, noted crypto enthusiast known as CryptoGoos.
$ETH seasonality in September during post-halving years is typically negative.
Will this time be different? pic.twitter.com/h9hJ40V3np
— CryptoGoos (@crypto_goos) August 22, 2025
Since the beginning of August, the price of the second-largest cryptocurrency by market capitalization has risen by 25%, reaching a new all-time high, surpassing the previous record of $4867.
However, since 2016, Ethereum has only shown growth in September three times, each followed by a decline of 12-21%. For instance, in August 2017, Ethereum rose by 92%, only to fall by 21% in September. A similar pattern was observed in 2017 and 2021.
Will 2025 Be an Exception?
According to some community members, new factors in the current Ethereum market cycle could break the trend. The main feature of 2025 is the activity of institutional players.
Over the past month, spot Ethereum ETFs have attracted $2.79 billion. In comparison, Bitcoin-based exchange-traded funds recorded an outflow of $1.2 billion over the same period.
Meanwhile, corporate treasuries have accumulated 4.1 million ETH worth $18.7 billion. The leader among public companies is BitMine Immersion Tech, which manages over 1.5 million ETH valued at $6.9 billion.
Together with ETFs, firms own nearly 9% of the total Ethereum supply.
Amid the recent crypto asset rally, Bitcoin whales have started selling digital gold to invest in Ethereum.
On August 21, analysts identified four factors that give Ethereum an edge over the leading cryptocurrency.