Ethereum Surpasses $4,300 Amid Strong Institutional Support and Record Inflows
Main Idea
Ethereum's price surpassed $4,300, driven by strong institutional support, record inflows, and favorable market conditions, signaling a bullish trend.
Key Points
1. Ethereum reached $4,300 for the first time since late 2021, marking a significant milestone.
2. Record institutional inflows contributed $4.17 billion, with over 3 million ETH ($12 billion) attributed to whale and institutional activity.
3. ETF inflows of $461 million amplified the price rally, reflecting growing institutional interest.
4. Favorable regulatory conditions and increased on-chain activity support Ethereum's ongoing growth.
5. Ethereum's governance and staking have reported new records, further boosting market confidence.
Description
Ethereum has surpassed $4,300, driven by strong institutional backing and record inflows, signaling renewed investor confidence and potential for further price increases. Ethereum’s price reached $4,300 for the first time
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