Ethereum (ETH) Market Update – March 22, 2025
Ethereum $ETH
is currently trading at $1,991.63, reflecting a 1.9% increase from the previous close. Today's price fluctuated between $1,937.58 and $2,003.07.
Notably, 360,000 ETH have been withdrawn from exchanges in the past 48 hours, suggesting accumulation and reducing sell pressure. Exchange reserves for Ethereum have reached an all-time low, potentially setting the stage for a supply shock.
However, Fidelity's Ethereum ETF recorded zero daily inflows, signaling a lack of new institutional interest. Meanwhile, Ethereum futures open interest has hit a record high, indicating heightened trading activity.
Investors are closely monitoring these developments for potential market shifts.