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Ethereum sees $90.8M leveraged long, $426M ETF inflows, and BitMine boosts holdings to 4.97M ETH.

Market News
21 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Ethereum is trading near $2,310 after a recent peak at $2,400, supported by strong gains over the past month and a 41% recovery since February. Major investors have opened large leveraged positions, including a $90.8 million 20x leveraged long and another $61 million position at $2,303. Ethereum spot ETFs have attracted $426 million in net inflows over seven sessions, reflecting growing investor interest. BitMine Immersion Technologies expanded its Ethereum reserves by 101,627 ETH last week, bringing total holdings to nearly 5 million ETH. Technical analysis suggests a potential upside target of $3,230 if Ethereum breaks above $2,400 resistance, while market sentiment has shifted from extreme fear to neutral. Key macroeconomic data and Federal Reserve actions remain critical factors to watch.

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