$ETH Ethereum (ETH) Price Update — April 24, 2025
ETH/USDT is showing strong bullish momentum, currently trading near $1,799, marking a powerful 15% surge from its April low of $1,400.
Key Updates:
ETF Inflows: Spot ETH ETFs saw net inflows of $38.8M, the highest since Feb. 4.
Fidelity's FETH: $32.7M
Bitwise's ETHW: $6.1M
Technical Breakout: ETH has finally broken above both its 200 MA & EMA on the 4H chart — first time since January.
Whale Activity: A crypto whale borrowed $34.75M USDT on Aave and bought 19,973 ETH at $1,740, indicating strong market confidence.
Market Outlook:
If momentum continues, ETH may soon test the $2,000 resistance level. Institutional support and bullish technicals make ETH worth watching closely.
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