Ethereum News Update: Institutions Accumulate as ETFs See Outflows—A Critical Juncture for Ethereum
- Ethereum trades near $3,880 amid diverging institutional views, with BitMine Immersion Technologies accumulating 3.24M ETH (2.7% supply) as Tom Lee targets $10,000–$12,000 by 2025. - Price slips below $3,900 support after $500M ETF outflows and Ethereum Foundation's $650M ETH transfer to exchange-linked wallet. - Analysts highlight $4,050–$4,100 resistance cluster and $3,840 critical support, while SharpLink Gaming's $3.5B ETH treasury underscores institutional interest. - VanEck's Lido staked ETH ETF fi
Ethereum is experiencing increased selling activity as it hovers around $3,880, with differing opinions from institutional investors and market analysts about its short-term outlook. Blockchain data indicates a notable uptick in institutional
Even with strong institutional backing, Ethereum has dropped below important resistance points, now testing support at $3,900 after reaching an intraday peak of $4,100. This downturn follows substantial withdrawals from U.S. spot Ethereum ETFs, which saw a net outflow of $145.6 million on October 20, contributing to a two-week total nearing $500 million, according to
Nonetheless, some analysts maintain a cautiously positive outlook. Crypto strategist Ali Martinez has raised his short-term target to $4,440, citing Ethereum’s recovery from a downward channel that began in August. Trader Merlijn compared Ethereum’s recent price behavior to gold’s breakout in 2024, suggesting a possible rally to $10,000 if current resistance is overcome. Meanwhile, SharpLink Gaming expanded its treasury by acquiring 19,271 ETH at an average price of $3,892, bringing its total to 859,853 ETH, valued at $3.5 billion, as reported by
Technical analysis points to a pivotal moment for Ethereum. The asset is confronting a significant resistance zone between $4,050 and $4,100, and a move above this range could trigger a rally toward $4,220–$4,320, according to a
Regulatory shifts are also influencing the landscape. VanEck’s proposal for a Lido staked Ethereum ETF—which would offer access to staking rewards—has introduced new liquidity considerations. Although the SEC’s latest guidance on proof-of-stake activities has removed some regulatory barriers, the ETF’s approval is still pending.
Institutional buying and broader economic factors, such as trade policies from the Trump administration era, continue to influence Ethereum’s story. While short-term volatility persists, long-term optimists believe that increased corporate treasury purchases and ETF adoption could help stabilize the market, potentially setting the stage for significant price gains in the months ahead.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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