Zoye

08/15 14:49

Ethereum Price Today Hits $2,262 — Institutions St

Ethereum Price Today Hits $2,262 — Institutions Stack $113M Worth of ETH!

Ethereum usage and net inflows surged over $1.4B last week, despite a 17% price drop from war-driven market panic and sell-offs.
Whales and institutions are heavily buying ETH, with over $265M accumulated during the dip and $40M+ ETF inflows boosting bullish sentiment.
In the past week, when the Iran-Israel conflict was at its peak, the recent US attack on Iranian nuclear sites, followed by a lethal warning, spooked investors’ confidence.
As a result, the Ethereum price fell 17% after 45 days of consolidation above the 200-day EMA.. It has retested the $2200 support zone in the last three days of June’s third week’s weekend.
Despite the significant fall in price, the on-chain data speaks differently as the usage and engagement have surprisingly increased in ETH.
Moreover, the recent WSJ shared another bullish news per an .

#HTX 12th-Anniversary Carnival#Will Bitcoin fall in August?#Win 200 USDT: Is ETH Kicking Off Altcoin Season? #Buy Bitcoin’s dip,’ says Eric Trump#Whose “child” is ES — Solana or Ethereum?

3分享