Ethereum’s price remains volatile, potential retracement to $2,882 if bearish.
Large holders accumulated 112.9k ETH, surpassing ETF inflows.
The crypto market witnessed a significant milestone as spot Ethereum began trading on Tuesday, following weeks of back-and-forth on registration statement edits. According to Sosovalue data, spot ETH ETFs recorded inflows within the first 24 hours of trading. While the ETF greenlight was expected to spark a bull run, the bears took over, pushing the price below $3.38K.
Ethereum is down 1.98% in the past 24 hours, with the price trading at $3,455.30. Trading volume has increased by 2.8%. History repeats itself, as seen with Bitcoin [BTC] ETFs, which demonstrated heavy demand for the cryptocurrency; the same is expected for ETH. Notably, BlackRock’s ETH ETF (ETHA) exhibited the highest inflows, recording $266.55 million in one-day net inflows as of July 23. The ETF holds total net assets worth $277.08 million, leading the ETH ETF se
We współpracy z: https://thenewscrypto.com/can-ethereum-meet-traders-bullish-expectations/
