Ethereum’s price surge to nearly $5,000 is fueled by soaring institutional demand and record-breaking on-chain metrics. Spot ETF holdings and large wallet accumulations signal growing long-term confidence. Declining exchange inflows suggest investors are holding for further gains.
- U.S. spot Ethereum ETFs reached an all-time high of 6.7 million ETH, nearly doubling during the price surge.
- Daily ETH inflows to exchanges dropped from 1.8 million to 750,000, indicating reduced selling pressure and stronger holding sentiment.
- Staked ETH hit a record 36.2 million, reducing liquid supply and adding bullish pressure to the market.
📎 Related coverage from: cryptopotato.com
