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Ethereum surges 18% to $2,375 amid record U.S. ETF inflows and major holder activity

Market News
21 Aug 2026, 09:33 WIB
Blockonomi
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Bullish
Ethereum surges 18% to $2,375 amid record U.S. ETF inflows and major holder activity

Ethereum's price jumped over 18% in 24 hours to reach $2,375, driven by a record $189.15 million inflow into U.S. spot Ethereum ETFs, led by BlackRock's ETHA fund. Large holders also moved significant amounts of ETH off exchanges, signaling strong accumulation. Breaking above $2,500 is seen as a key level for sustained momentum, with analysts noting potential pullbacks as buying opportunities. This surge reflects renewed institutional interest and technical strength in Ethereum's market.

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