This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Ethereum (ETH) has surged 29% in a week, nearing its all-time high of $4,800. The rally coincides with record network activity and strong exchange outflows, signaling heightened demand and institutional interest.
- Ethereum’s daily transactions hit a record 1.875 million, signaling high network demand.
- Exchange outflows of 40,000 ETH/month indicate strong institutional buying pressure.
- A breakout above $4,750 could push ETH into price discovery, while rejection may trigger a pullback.
📎 Related coverage from: newsbtc.com
Related Tags: Ethereum
Other Tags: Burak Kesmeci, CryptoQuant