Whoa — Ethereum just shot past $4,500! What started as a modest climb past $4,000 has exploded into something major.
Big moves are being driven by massive ETF inflows — over $1 billion in net inflows just on August 12, with BlackRock’s ETHA leading the charge — and explosive institutional buying. Open interest in ETH derivatives has jumped 75%, highlighting mounting bullish conviction from both retail and pros .
This rally has gotten everyone’s attention — the $4,000 barrier broke through, shorts got crushed (we’re talking $105 million liquidated), and the market is eyeing $4,500 and beyond if this momentum holds strong