ETH Surges 2.15% as $150M ETF Inflows and DeFi Growth Fuel Price Recovery Amid Volatility

Ethereum (ETHUSDT) experienced a 2.15% price increase over the last 24 hours, rising from a 24h open of $2,499.63 to $2,553.27 on Binance. This upward movement follows a period of notable decline, during which Ethereum saw $29.99 million in liquidations and a drop to a low of $2,487.88. The recent price recovery is attributed to a combination of factors: inflows into Ethereum ETFs totaling $150 million, continued interest in DeFi developments such as Ondo’s move into tokenized stocks, and a short-term bullish bias in the options market despite overall bearish technical signals. Trading volume decreased by nearly 15% to $8.53 billion, indicating reduced market activity, while Ethereum’s market capitalization remains around $308.43 billion. The market remains volatile, with sellers still dominant, but recent inflows and technical rebounds have supported the current price stabilization.