Ethereum is nearing $3,500
ETH is up 23% over the last 7 days. The key driver is large Ethereum spot ETF inflows. Only yesterday, a record $726M flowed in.
Also, ETH open interest reached a new ATH of $50B and derivatives volume hit $145B.
Whales are playing a big role in ETH growth, as large Ethereum holders now control nearly 30% of the total supply.
Check out our X thread to learn more details about this ETH rally👇
https://x.com/CryptoRank_io/status/1945904053780718007
ETH is up 23% over the last 7 days. The key driver is large Ethereum spot ETF inflows. Only yesterday, a record $726M flowed in.
Also, ETH open interest reached a new ATH of $50B and derivatives volume hit $145B.
Whales are playing a big role in ETH growth, as large Ethereum holders now control nearly 30% of the total supply.
Check out our X thread to learn more details about this ETH rally👇
https://x.com/CryptoRank_io/status/1945904053780718007
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