Ethereum is on fire 🔥 — and the big players are buying in hard.
On July 10, U.S. spot Ethereum ETFs pulled in a record $383.1 million in net inflows — the biggest daily total yet! 💸
📊 BlackRock’s ETHA alone accounted for $300.9M in a single day, leading the charge as ETH jumped 7%, smashing through key resistance.
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🏦 Big Money Is Betting Big on ETH
• 📈 11 straight weeks of net inflows into ETH ETFs
• 💰 Over 30% of ETH now staked — less supply, higher pressure
• 📊 CME open interest on ETH futures hit $3.2B+, highest since February
Ethereum isn’t just riding hype — this rally is backed by real institutional capital and growing network fundamentals. 🧠📈
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🔎 What Traders Are Watching
⚠️ Short-term: ETH may be slightly overbought → possible dip or consolidation
🎯 Medium-term: Many are eyeing the $5,000 target
💡 Smart money is buying the dips and tracking ETF inflow momentum
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✅ TL;DR:
Ethereum’s breakout isn’t a fluke — institutions are driving this rally, and the fundamentals are stronger than ever. If the momentum keeps building, $ETH could be headed for its next major milestone. 🏁🚀
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