#NasdaqETFUpdate #ETH
Today, June 11, 2025, there has been a significant increase in the price of Ethereum (ETH). Here are some important updates you should know:
🚀 Significant Increase in ETH Price
The price of ETH has reached $2,800, which is the highest since February. This increase is up to 6.5% and the trading volume has also risen by 114%, reaching $26.5 billion.
Analysts say that ETH could even reach $3,000 if short positions are liquidated. According to CoinGlass, $1.8 billion in short positions could be liquidated at $2,900, which could boost bullish momentum.
📈 ETF Inflows and Institutional Interest
Ethereum ETFs are seeing weekly inflows of up to $400 million, which could take the price of ETH to $3,000.