Overview

• Major holders have added over 1.13 million ETH—around $4.18 billion—over the past two weeks, signaling robust institutional interest.
• U.S. Ethereum ETFs saw net inflows of $231.2 million on July 24, lifting total assets under management to $20.7 billion.
• A spike above $3,700 forced more than $160 million in short positions to liquidate on Binance, but spot sell orders continue to outpace buys.
• The GENIUS Act and Clarity Act passed by Congress provide long-awaited legal clarity for decentralized finance platforms and digital assets.
• Analysts say holding key support at $3,544 and securing a weekly close above $2,991 are crucial to maintaining bullish momentum toward $4,000.