ETH Surges 4% as $125M ETF Inflows and $1.8B Short Liquidations Drive Market Momentum

Ethereum (ETH) experienced a notable price increase of 4.08% in the last 24 hours, rising from a 24h open of $2,683.03 to a current price of $2,792.40 on Binance. This upward movement is primarily attributed to significant institutional inflows into Ethereum ETFs, with $125 million in net inflows recorded on June 10, 2025, and major purchases by asset managers such as MetalphaPro and BlackRock. Additional momentum was provided by a surge in short liquidations totaling $1.8 billion, which further fueled buying pressure. Market sentiment remains positive, supported by a record high in staked ETH (now nearly 30% of supply) and ongoing discussions about potential ETF index expansions by Nasdaq. Over the past day, Ethereum has outperformed many other cryptocurrencies, with strong trading volume and renewed investor interest amid broader market recovery.