# How Far Can ETH Go?

*Author: Bankless*
*Published: Aug 4, 2025*
*Source: https://www.bankless.com/read/how-far-can-eth-go*

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How Far Can ETH Go?

  
  Published on Aug 4, 2025

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      NEED TO KNOW
    
    
  
  
BitMine Wants More ETH
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/08/Group-14---2025-08-04T165025.152.png)](https://www.bankless.com/dashboard)- 💰** BitMine Adds 208K ETH to Treasury, Reclaiming Largest Holder Title. **BitMine's [recent ether acquisitions](https://www.bankless.com/read/bitmine-adds-208k-eth-reclaiming-largest-holder-title) have taken the firm's holdings near $3 billion.
- 🐂** Crypto Exchange Bullish Files for U.S. IPO. **The crypto platform is the latest crypto giant to [plan a public debut](https://www.bankless.com/read/crypto-exchange-bullish-files-for-u-s-ipo), aiming for a $4.2B valuation.
- 💸 **Barry Silbert Is Back at Grayscale as Chairman. **DCG founder [reclaims](https://www.bankless.com/read/barry-silbert-is-back-at-grayscale-as-chairman) chair role as Grayscale gears up for IPO.
📸**Daily Market Snapshot: **Markets bounced back Monday after a bearish weekend of trading. ETH outpaced the market, reclaiming $3,700 with a 6% pop while BTC held steady.

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.76T
       

  
    
    ↗ 1.6%
  

   
    
    ↘ 3.0% 
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $114,971
       

  
    
    ↗ 0.4%
  

   
    
    ↘ 2.7% 
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,708
       

  
    
    ↗ 6.2%
  

   
    
    ↘ 2.1%
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