ETH Surges 2.69% as $2.85B ETF Inflows and Whale Buys Drive Momentum Above $4,500
Ethereum (ETHUSDT) has experienced a 2.69% price increase over the last 24 hours, rising from a 24h open of $4,402.31 to a current price of $4,520.65 on Binance. This upward movement is primarily attributed to sustained institutional interest, including $2.85 billion in inflows to Ethereum ETFs this week and significant whale accumulation totaling $279.5 million in ETH over the past 24 hours. Additionally, Ethereum has maintained over 1 million daily transactions for 90 consecutive days, reflecting robust network activity and consistent user engagement. The market remains active, with a 24-hour trading volume exceeding $23.5 billion and a circulating supply of approximately 120 million ETH, while technical indicators suggest both strong momentum and potential risk zones as ETH approaches key resistance levels.