$ETH

Ethereum (ETH) recently experienced a sharp pullback, dropping about 7–9 % to the mid‑$2,500s, after reaching a 15‑week high above $2,830 on Binance, driven by profit‑taking following BlackRock’s $163 M ETH acquisition and record $20 B ETH futures open interest . Meanwhile, long‑term optimism persists with strong institutional inflows—ETFs have injected roughly $700 M and $296 M flowed into ETH‑linked investment products—while on‑chain metrics like a surge in short‑term options volatility indicate potential for renewed upside . The recent Pectra upgrade and rising staking activity further bolster Ethereum’s fundamentals .