ETH Surges 3.75% as ETF Inflows and Technical Breakout Drive $2,600 Milestone on Binance

Ethereum (ETH) experienced a 3.75% price increase over the last 24 hours, rising from a 24h open of $2,518.00 to a current price of $2,612.40 on Binance. This upward movement is primarily attributed to strong ETF inflows earlier in the week, increased accumulation by large holders, and a technical breakout above key resistance levels, despite a recent $2.2 million net outflow from U.S.-listed spot Ethereum ETFs. Trading volumes have surged, with spot volume ranging between $14.27 billion and $27.1 billion, and futures volume up by over 26%, reflecting renewed investor activity and bullish technical momentum. Ethereum’s market capitalization stands at approximately $307.1 billion, with circulating supply near 120.72 million ETH, and the market focus remains on whether ETH can sustain levels above $2,600 and break through the $2,710 resistance for further gains.