ETH Surges 7.9% to $3,004 as $383M ETF Inflows and Whale Activity Drive Volume

Ethereum (ETH/USDT) has surged 7.90% over the past 24 hours, with the current price at 3004.42 USDT. This price increase is primarily attributed to strong institutional inflows into spot Ethereum ETFs, which saw a net inflow of $383.1 million on July 10, 2025, and continued robust interest from large investors, as indicated by significant whale accumulation and increased trading activity. Additional contributing factors include favorable overall market conditions, Bitcoin reaching new all-time highs, and recent product launches such as Sharia-compliant ETH staking and Ethereum staking services on major platforms.

ETH/USDT trading volume has been elevated, ranging between $42.48 billion and $49.84 billion in the last 24 hours, with the price fluctuating from a low of 2784.39 to a high of approximately 3040.15 USDT, reflecting heightened market activity and solidifying Ethereum’s position as the second-largest cryptocurrency by market capitalization.