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Ethereum surges past $2,600, triggering $216M in short liquidations amid strong ETF inflows and bullish outlook.

Market News
12 Sep 2026
Blockonomi
View Source
Bullish
Ethereum surges past $2,600, triggering $216M in short liquidations amid strong ETF inflows and bullish outlook.

Ethereum rose above $2,600, briefly hitting $2,665, driven by positive inflation data and strong ETF inflows totaling $216.41 million. This surge caused $216 million in short position liquidations and boosted optimism for ETH to reach $2,800–$3,400 if key support levels hold. Analysts note increased whale activity and a critical supply barrier between $2,700–$2,800, with technical indicators supporting further gains. Goldman Sachs anticipates a 25 basis point Fed rate hike, but institutional interest in Ethereum remains robust.

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In the last 24 hours, the cryptocurrency market showed mixed fund flows among major assets. ZEC, NEAR, and SOL led net inflows with $30.40 million, $27.35 million, and $26.99 million respectively, indicating growing investor interest. Conversely, sta...

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Ethereum price holds $2,495 support; eyes US inflation data and options expiry this week

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Whale opens $28.8M leveraged long positions on BTC, ETH, and NEAR with notable floating profit.

Whale opens $28.8M leveraged long positions on BTC, ETH, and NEAR with notable floating profit.

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Bitcoin whale swaps $34M BTC for $36M Ethereum amid ETH's rising market activity

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A mysterious Bitcoin whale sold 410.14 BTC worth about $34.16 million to buy 14,341 ETH valued at around $36.14 million, signaling a strong bet on Ethereum. This move coincides with Ethereum's recent price outperformance against Bitcoin and increased...

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