Ethereum surged 29.8% over the past week, reaching a high of $2,546 fueled by strong inflows into Ethereum ETFs, short covering, and reduced exchange supply. Spot ETFs attracted nearly $700 million in net inflows, with major players like Blackrock leading demand. The rally was supported by a shrinking supply of ETH on exchanges and increased futures activity, although liquidations hit $265 million amid volatile trading. Traders are watching key support levels around $2,400 and the impact of ETF flows for the coming days as Ethereum's market dominance approaches 11%.
POAP founder @worthalter transferred 4,000 Ether (ETH) to the Gemini exchange on October 10, following a prior reduction of 8,000 ETH over six days. The latest transfer was valued at about $10.02 million, while the earlier 8,000 ETH was sold at an av...
South Korea's crypto market showed renewed risk appetite with a 79% advancer ratio among major tokens. Bitcoin traded slightly higher at 113.13 million won, while Ethereum also rose. Starknet on Bithumb led gains with a 51.3% jump, supported by stron...
Bitcoin ETFs have seen a slowdown in demand after nearly three years, though they continue to support Bitcoin's price recovery with positive net inflows of 30,000–40,000 BTC over the past month. Early October showed volatile ETF flows, with large inf...
Ethereum trades at $2,507 with a 0.8% daily gain but a 6.9% weekly loss. Since October 4, the entry queue for staking ETH has decreased by 100,924 ETH while the exit queue increased by 151,478 ETH, shrinking the buffer between them by 37.8%. This shi...
U.S. spot Ethereum ETFs experienced significant net outflows totaling $542.1 million last week, indicating more capital was withdrawn than invested. Meanwhile, Solana ETFs ended a 14-week streak of continuous inflows, marking a notable shift in insti...
