Ethereum Soars Past $3,400: Who’s Behind This $3 Trillion Crypto Frenzy?
Oh, the drama! In just one week, Ethereum’s price surged over 21%, breaking through the critical $3,298 resistance level like a wrecking ball. It peaked at a joyous $3,435. Data from The Block and TradingView reveal that this price jump wasn’t some random fluke. No, it was all thanks to a record $726 million in ETF inflows. Spot Ethereum ETFs now hold nearly 4.95 million ETH—the highest on record, like a dystopian crypto nightmare come to life.