Ethereum (ETH) Price: BlackRock Money Flood Pushes ETH to Test New Heights Near $4,500
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TLDR Ethereum (ETH) is trading around $4,460-$4,475, up over 2% as institutional demand drives price higher BlackRock’s Ethereum ETF attracted $968 million in weekly inflows, with ETFs accumulating nearly 5% of circulating supply Network activity reached multi-year highs with over 1.7 million daily transactions, highest on record Major Bitcoin whale purchased 820,224 ETH worth $3.6 billion in two weeks, showing institutional confidence Technical analysis suggests potential breakout to $5,100, though $4,000 retest remains possible Ethereum is trading around $4,460 to $4,475, posting gains of over 2% as institutional demand and network growth fuel upward momentum. The world’s second-largest cryptocurrency by market cap holds near record highs with a current valuation of approximately $536 to $541 billion. BlackRock’s iShares Ethereum Trust ETF has attracted $968 million in net inflows during a single week. Since June, Ethereum ETFs and digital asset treasuries have accumulated nearly 5% of the total circulating supply. This institutional accumulation has tightened exchange liquidity and sustained price momentum. BlackRock executives have positioned Ethereum as digital infrastructure alongside traditional asset classes. The ETF approval and launch have been transformative for price action. Analysts argue that continued inflows could anchor Ethereum above $5,000 into the fourth quarter of 2025. Ethereum’s network activity has surged to multi-year highs. The 14-day simple moving average of total transactions surpassed 1.7 million in August, marking the highest level on record. This exceeds the activity seen during the 2021 bull cycle. Active addresses have also reached a three-year high, confirming broad network participation across the ecosystem. Decentralized exchange volume has surged alongside total value locked. DEX metrics are nearly revisiting the 2021 all-time high according to DeFiLlama data. The key difference this cycle is transaction costs. Network fees have remained low despite the spike in usage thanks to recent protocol upgrades. THIS OG BITCOIN WHALE…
Filed under: News - @ September 1, 2025 11:27 am