Overview

• ETH climbed 60% in July to a high of $3,915 and is now trading around $3,800–$3,840 as it consolidates below the $3,840–$3,940 resistance zone.
• Spot Ethereum ETFs drew more than $5.4 billion of inflows in July, with nearly 80% arriving between July 11 and July 25.
• The U.S. Securities and Exchange Commission approved in-kind redemptions for Bitcoin and Ethereum ETFs, enhancing liquidity efficiency for institutional investors.
• On-chain data show large holders accumulated over $4 billion in ETH this month and increased the number of whale wallets holding at least 10,000 ETH by 90 addresses.
• Prediction markets on Myriad assign roughly a 64% probability that ETH will breach its $4,891 all-time high by December 31, 2025.