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Is This the Biggest Bullish Divergence for Ethereum’s Price in July?

2025-07-03 19:52:30

Is This the Biggest Bullish Divergence for Ethereum’s Price in July?

Main Idea

Despite Ethereum's subdued price in June, network metrics showed significant growth in staking and accumulation, with records in locked ETH and liquid staking, suggesting market positioning for upward movement and the emergence of corporate treasury strategies involving ETH.

Key Points

1. Ethereum's staking and accumulation hit records, with 22.7465 million ETH held by June 30, representing a 36% increase from June 1.

2. Liquid staking grew from 34.5461 million ETH on June 1 to 35.5265 million ETH by June 30, reaching an all-time high of 35.5644 million ETH by July 1.

3. ETH holders saw an unrealized gain of 21.29% as the realized price stood at $2,114.70 on July 1 while ETH traded at $2,565 on July 2.

4. Corporations are beginning to adopt ETH for treasury strategies, with examples like a $250 million ETH allocation and an 'ETH per share' model, signaling a potential 'MicroStrategy era' for Ethereum.

5. Industry watchers believe this trend marks the start of a wave of Ethereum treasury companies, recognizing ETH's dual role as a reserve asset and yield generator.

Description

While Ethereum’s price remained subdued throughout June, data reveals a different story for the network itself. Beneath the surface, metrics quietly reached historic highs. That quiet gave way to movement as July began, with the entire crypto market lifting on news of the US trade deal with Vietnam and a rise in the M2 money supply. On July 3, ETH saw a sharp 6% gain in 24 hours, trading above $2,600, hinting that the market may finally be waking up to the underlying strength steadily building w...

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Tags:
AA News Crypto News ETHBTC ETHUSD Ethereum (ETH) Price Staking
$ETH
$2575.67
--0.51%
$IP
$2.940
--1.08%

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