$ETH
Here are some statements about ETH coin today news¹ ² ³:
- *Ethereum Price*: Ethereum is trading at $3,782.61 USD, increasing by 0.43% since yesterday, with a market cap of $456,602,268,435 USD.
- *Institutional Investment*: Bit Digital seeks $1 billion pivot towards Ethereum, while BlackRock's Ethereum ETF inflows surpassed its Bitcoin fund this week, reaching $452 million in fresh inflows.
- *Whale Activity*: A major whale accumulated 60,000 ETH worth approximately $226 million, and eight newly created addresses have accumulated 583,000 ETH since July 9.
- *Market Trends*: Ethereum ETFs continue to overshadow Bitcoin's, with a 16-day winning streak, and analysts predict a potential surge to $4,000, with some even targeting $10,000.
- *Technological Advancements*: Ethereum's block gas limit has been raised from 36 million to 45 million units, and the network is expected to benefit from the implementation of zero-knowledge technology.
- *Market Sentiment*: Retail investors are selling Ethereum, but whales are accumulating it fast, indicating a potential shift in market momentum.
