ETH Surges 2.19% Amid $225M Institutional Inflows and Heightened Exchange Activity
Ethereum (ETH/USDT) has risen 2.19% over the past 24 hours on Binance, with the current price at 2,607.26 USDT. The price increase is primarily attributed to sustained institutional interest, as evidenced by $225 million in weekly inflows into Ether ETPs and continued accumulation by large entities. Recent large transfers of ETH from staking to centralized exchanges, as well as movements by the U.S. Government, have contributed to heightened trading activity and market attention. Additionally, global trade tariff announcements have influenced overall market sentiment, adding to short-term volatility. The 24-hour trading volume remains robust, and Ethereum maintains a market cap near $308.84 billion, with the asset trading in a range between approximately $2,517.9 and $2,628.21 over the last day.