$BTC
Today, January 29, 2025, Ethereum (ETH) is trading at approximately $3,124.14.
Here's a summary of its current state:
* Price: $3,124.14
* 24-hour Trading Volume: $19,153,178,630
* 24-hour Price Change: -2.15%
* 7-day Price Change: -5.28%
Key Points:
* Recent Rise: Ethereum has seen a noticeable 4% rise in the past 24 hours, reaching approximately $3,203. This surge follows a period of market cooling and a significant sell-off that impacted many cryptocurrencies.
* Price Stability: Ethereum's price has managed to stay above the crucial $3,200 level despite market fluctuations.
* Whale Activity: There has been an increase in whale activity on the Ethereum network, with 13 mega whales (holding over 10,000 ETH) joining in the past 24 hours.
* ETF Demand: Demand for Ethereum spot ETFs in the U.S. has slowed down in recent weeks. While BlackRock's ETHA ETF saw a $20.6 million cash inflow, most other U.S. spot ETH ETFs have experienced either no flow or outflows.
Disclaimer: This information is for general knowledge and informational purposes only, and does not constitute financial, investment, or other professional advice.
Where to find more information:
* CoinGecko: https://www.coingecko.com/en/coins/ethereum
* Economies.com: https://www.economies.com/crypto/ethereum
I hope this information is helpful!
