$ETH Ethereum (ETH) is currently trading at approximately $1,795.01, reflecting a modest 0.27% increase from the previous close. The day's trading range has seen lows of $1,770.99 and highs of $1,826.70.
Institutional interest in Ethereum has surged recently. BlackRock and Fidelity have collectively invested nearly $90 million into ETH, signaling strong confidence in its future prospects. Additionally, Ethereum ETFs have recorded their highest daily inflow since February, with $104.1 million added and no outflows, indicating robust institutional accumulation.
However, the market also witnessed a significant sell-off, as a major Ethereum whale sold 2,924 ETH at a 46% loss, reflecting some bearish sentiment among large holders.
Overall, while institutional investments are bolstering Ethereum's