ETH Holds Near $2.5K as Ethereum ETF Inflows Reach Nine-Day Streak

• Ethereum holds near $2,500 as nine consecutive days of ETF inflows support demand.
• Whale activity shows strong interest near $2,500, while traders watch resistance closely.
• Weak network activity and stretched indicators could limit ETH’s short-term upside.

Ethereum — ETH, remains close to the $2,500 mark despite a sharp short-term pullback. ETH recently climbed above $2,400 during a powerful August rally. The latest decline now shows signs of profit-taking among traders. However, strong ETF demand continues to provide meaningful support. Nine consecutive days of inflows highlight sustained institutional interest. Whale buying near $2,500 has also captured market attention. Traders now face a major test between renewed buying pressure and short-term selling.

Ethereum Faces Profit-Taking After August Rally

Ethereum trades at $2,420.48 after falling 3.60% during the past 24 hours. The decline follows a strong August rally that pushed ETH above $2,400. That move marked a major recovery after months of weaker price action. Buyers managed to regain momentum as broader crypto sentiment improved. However, the latest retreat suggests some traders have started securing profits. The market now needs fresh buying pressure to push ETH back toward $2,500.

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