Overview

• Ether price jumped more than 25% this week to top $3,800, reaching a five-month high on CoinGecko and CoinDesk data.
• U.S.-listed spot Ether ETFs recorded a record $2.18 billion of inflows over the past week, underscoring accelerating institutional demand.
• SharpLink Gaming and BitMine Immersion have together accumulated over 650,000 ETH in July to bolster their corporate treasuries.
• On-chain analysis shows a whale address purchased roughly $50 million of ETH at an average price of $3,714 over the weekend.
• ETH reserves on major exchanges fell to all-time lows as tokens moved into private wallets and staking contracts, tightening available supply.