Overview

• Ether jumped roughly 14% to 15% and set a new all-time high near $4,88x after Powell’s Jackson Hole remarks, with brief pullbacks reported across data providers.
• More than $340 million in ETH longs and shorts were liquidated in 24 hours, making up over half of crypto derivatives wipeouts and underscoring leverage-driven volatility.
• U.S. spot Ethereum ETFs recorded their first single day with over $1 billion of inflows this month as corporate buyers including BitMine Immersion and SharpLink Gaming accumulated multi‑billion‑dollar ETH treasuries.
• On‑chain metrics show exchange ETH balances at multi‑year lows, and staking plus continued accumulation have tightened tradable supply, amplifying price sensitivity to inflows.
• With Bitcoin’s volatility sliding, traders rotated toward ETH for larger moves, though analysts flag profit‑taking and near‑term pullback risk as markets assess the Fed path.