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.

๐Ÿ’ธ Whatโ€™s fueling the rally?

A flood of spot ETF inflows is driving demand, with a record $726 million entering ETH funds just yesterday.

๐Ÿ“ˆ Key Metrics Hitting Highs:

โ€ข Open Interest: All-time high of $50 billion

โ€ข Derivatives Volume: Spiked to $145 billion

๐Ÿ‹ 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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