ETH Token Holds Above $2,400 as $82M Outflows Signal Institutional Accumulation and ETF Inflows Surge

Ethereum (ETHUSDT) is trading at $2,419.57 on Binance, reflecting a 3.40% decline over the past 24 hours from a 24h open of $2,504.70. The price drop is attributed to recent net outflows of over $82 million from spot exchanges, signaling ongoing accumulation by large holders and institutions, as well as a notable 5.7% price dip on June 17 accompanied by high trading volume. Despite these outflows, market fundamentals remain strong, with spot ETH ETFs seeing $861 million in net inflows over two weeks, a record 35 million ETH staked, and accumulation addresses holding 22.8 million ETH, all contributing to a reduction in liquid supply. As of June 20, 2025, Ethereum maintains high liquidity with a 24-hour trading volume of $26.76 billion, a market capitalization around $304–$305 billion, and a circulating supply of 120.72 million ETH, trading within a consolidation range above $2,400 amid expectations of increased volatility around the June 21 options expiry.