$ETH has seen significant trading volume growth and institutional interest since Bitcoin hit its new all-time high recently. Here are the key updates:

📈 Ethereum Trading Volume Surges

- ETH derivatives trading volume exceeded $110 billion, surpassing Bitcoin’s $84.72 billion.

- This surge is largely driven by spot ETH ETFs, which have seen 16 consecutive days of positive inflows, totaling $890 million.

🔗 Retail Investors Holding Strong

- Despite ETH’s price gains, retail investors are holding their positions, signaling confidence in long-term growth.

- Exchange inflows remain minimal, suggesting less selling pressure and a strong “buy and hold” strategy.

🚀 Price Action & Future Outlook

- ETH is currently 54% away from its own ATH, with projections indicating a potential rally toward $4,800.

- The Pectra update has restored confidence in Ethereum’s long-term potential, contributing to a 43.9% price increase in May.