ETH Surges Amid $240M ETF Inflows and Major Corporate Buys, Faces $151M Liquidation Volatility

Ethereum (ETHUSDT) experienced significant volatility over the past 24 hours, with the price rising 2.42% from a 24h open of $2,495.69 to $2,555.99 on Binance. The price action was influenced by a combination of factors: record inflows into U.S. Ethereum ETFs, including over $240 million in net inflows last week and an 18-day streak of positive ETF flows, signaling strong institutional interest. Major corporate acquisitions, such as SharpLink’s $463 million ETH purchase and MetalphaPro’s recent buy of 18,000 ETH, further contributed to bullish sentiment. However, the sharp rally to recent highs above $2,870 triggered increased volatility and resulted in over $151 million in liquidated long positions, including a single ETHUSDT long position with a principal loss of at least $20 million, contributing to a rapid price correction. Trading volume ranged between $29.94 billion and $38.22 billion, with the current market cap estimated between $309 billion and $339 billion, reflecting both the heightened activity and the recent pullback. Overall, Ethereum remains in focus due to ongoing institutional accumulation, strong ETF inflows, and notable price swings driven by both bullish momentum and profit-taking.