🔥 $ETH Price Hits $2,262 as Institutions Pour In $113M — Is a Relief Rally Coming? 💸

📉 After geopolitical shocks, $ETH dropped 17%, breaking down from 45 days of consolidation above the 200D EMA. It retested the $2,200 support over the weekend amid panic from the US-Iran tensions.

📊 But on-chain data tells a different story. Ethereum net flows topped $1.4B last week, while activity across ETH-linked chains surged. Ted Pillows noted: institutions and whales are buying the dip, fast.

💼 Spot On Chain revealed an institution bought 47,070 ETH ($113M) via USDC at ~$2,400 avg. Lookonchain spotted another whale opening a 25x long after depositing $4.28M into Hyperliquid.

🐋 According to Ted Pillows, over $265M in ETH was scooped up by whales during the weekend dip. ETF inflows added $40M more, with BlackRock’s ETHA leading institutional activity.

📈 Meanwhile, WSJ reported that Israel may soon halt military actions — a signal that geopolitical easing could spark a relief rally. If true, Ethereum might be poised for a strong bounce.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.