Ethereum ETH/USD has surged past the $4,000 milestone again, fueled by widespread market optimism and unprecedented inflows into ETH-focused ETFs.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Ethereum ETH/USD | $4,065.94 | $489.6 billion | +4.2% | +6.5% |
| Bitcoin BTC/USD | $106,464.31 | $2.1 trillion | +3.1% | +9.4% |
| XRP XRP/USD | $2.47 | $141.8 billion | +2.1% | +3% |
Trader Notes: With prices trading around 5% higher on Monday, crypto trader DonAlt tweeted,
SmileyCapital shared with his followers that now is an opportune moment to buy ETH, suggesting $4,000 might be "the cheapest ETH you'll see for a very long time."
He boldly predicts that Ethereum could soon surpass Bitcoin in prominence.
Similarly, trader McKenna anticipates a strong "institutional narrative and FOMO" surrounding Ethereum spot ETFs as Q1 2025 approaches.
He noted that the year-end surge in institutional interest signals a trend likely to persist.
Crypto analyst Wolf echoed these sentiments, stating that no other chart currently shows as much explosive potential as Ethereum.
Statistics: SoSoSo Value data shows Ethereum Spot ETFs posting $855 million in net inflows between Dec. 9 and 13, marking a record high.
BlackRock's ETHA ETF saw $523 million in weekly inflows, while Fidelity‘s FETH ETF followed with $259 million in net inflows.
Total net assets stood at $13.8 billion as of Dec.13.
IntoTheBlock data shows large transaction volume increasing by 3.8% and daily active addresses dropping by 3.7%.
Exchanges netflows are down by 538.9%.
Around 96% ETH holders are in profit, 4% are at breakeven.
Coinglass data shows Ethereum short liquidations of $56.8 million at the highest level since Aug. 5.
Open interest spiked 9.5% to $29.7 billion in a single day, while ETH derivatives trading volume surged 124%.
Community News: SpotOnChain data shows Justin Sun withdrawing 52,905 ETH (worth $209 million) from Lido Finance approximately 15 hours ago, reporting a 29% ROI and a profit of $349 million on his ETH investments.
Following Ethereum's recent rally to $4,000, Sun sold 29,920 ETH (valued at $119.7 million).
What’s Next: Ethereum's recent momentum reflects strong institutional interest, elevated trading activity and key movements from high-profile investors, adding fuel to its bullish outlook.
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