ETH Sees 4.78% Dip Amid Profit-Taking, Yet $583M Inflows Signal Strong Institutional Demand

Ethereum (ETHUSDT) is currently trading at $2,525.17 on Binance, reflecting a 4.78% decline over the past 24 hours from a 24h open of $2,651.80. The recent price drop is primarily attributed to profit-taking by retail investors following a strong multi-week rally, combined with broader market volatility influenced by geopolitical tensions and macroeconomic uncertainty. Despite the short-term pullback, institutional inflows remain robust—highlighted by $583 million in Ethereum ETP inflows last week and significant whale accumulation, with large holders increasing their positions by 1.49 million ETH in the past 30 days. Trading volume remains high, supporting strong liquidity, while regulatory developments such as Vietnam’s recognition of cryptocurrencies and new ETF filings in the US continue to bolster long-term interest in Ethereum. Overall, ETH maintains its position as the second-largest cryptocurrency by market capitalization, with active trading and resilient institutional support amid ongoing volatility.