ETH Surges 6.74% as Institutional Inflows and GameSquare’s $100M Treasury Fuel Bullish Momentum

Ethereum (ETHUSDT) has experienced a notable price increase of 6.74% over the past 24 hours, with the current price on Binance at 2,779.50 USDT and a 24-hour opening price of 2,604.08 USDT. The surge is primarily attributed to renewed institutional interest, including significant inflows into Ethereum ETFs and the announcement by GameSquare to establish a $100 million Ethereum treasury. Additionally, technical indicators such as a forming "golden cross" and ongoing accumulation by large "mega whale" wallets have contributed to bullish sentiment. Increased trading volume, with Binance reporting a 24-hour volume of approximately 1.90 billion USDT, and a market capitalization of about $333.8 billion, further underscore the strong market momentum, with Ethereum gaining over 10% in the past week.