Ethereum Shows Bullish Signs Amid Argot’s ETH Sale and Rising Institutional ETF Inflows
2025-07-11 11:28:43
Main Idea
Ethereum exhibits bullish trends due to institutional investments, ETF inflows, and reduced liquid supply, with technical indicators supporting potential price growth.
Key Points
1. The Argot Collective sold 1,210 ETH, but the Ethereum Foundation clarified its non-involvement, stabilizing market sentiment.
2. On-chain data shows consistent ETH outflows from exchanges, reducing liquid supply and supporting bullish demand dynamics.
3. Institutional interest in Ethereum is rising, with BlackRock adding 20,000 ETH to its iShares Ethereum Trust.
4. ETF inflows have surged, with nine funds holding over 4.1 million ETH and net inflows of 61,000 ETH in the past week.
5. Technical indicators like MACD and RSI suggest upward momentum, with $2,900 as a critical support level for further gains.
Description
Ethereum maintains a strong bullish momentum despite the recent 1,210 ETH sale by the Argot Collective, highlighting growing institutional demand and ETF inflows. The tightening ETH supply on exchanges and
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