Ethereum Eyes $3,500 as Momentum Builds
Ethereum $ETH is making major moves โ surging 23% in the past 7 days and now approaching the critical $3,500 level.
๐ธ Whatโs fueling the rally?
A flood of spot ETF inflows is driving demand, with a record $726 million entering ETH funds just yesterday.
๐ Key Metrics Hitting Highs:
โข Open Interest: All-time high of $50 billion
โข Derivatives Volume: Spiked to $145 billion
๐ Whales in Control:
Large Ethereum holders now command nearly 30% of the total supply โ a clear sign of strong conviction among major players.
As institutional interest surges and ETF momentum builds, ETH is positioning itself as the next big crypto to watch.
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