Recent data indicates that Ethereum's price has reached $3,286 with a surge in trading volume. Institutional ETF inflows continue to rise.
Price Breakout and Volume Surge
Ethereum has crossed the $3,286 mark with a trading volume of 38.6K on Binance. Currently, both the chart structure and capital movement confirm growing institutional interest in Ethereum.
The price of Ethereum opened at $3,285.24, peaked at $3,296.42, and settled at $3,286.65. This price movement followed a clear bull flag formed between $3,140 and $3,170.
ETF Accumulation Shift
Since mid-June, Ethereum ETF inflows have shifted from indecision to full-scale accumulation. Net inflows have surpassed 120,000 ETH, with daily contributions exceeding 3,600 ETH. This pace reflects sustained demand building across multiple sessions without interruption.
Institutional Holdings and Forecasts
The total Ethereum holdings by the top 10 tracked entities now exceed 1.6 million ETH, valued at over $5 billion. SharpLink Gaming holds 280,600 ETH, while the Ethereum Foundation has 241,500 ETH. Coinbase follows with 137,300 ETH, indicating a firm long-term commitment. Over the last 30 days, Bit Digital has increased its Ethereum reserves by 264.20%, indicating continued allocation from institutional players.
Ethereum continues to strengthen its position, with its current structure and inflows confirming a bullish trend. The projected target for Ethereum is to reach $5,000 by the end of July.
