Ethereum price analysis: Nine-day ETF inflow streak holds ETH near $2,500

Ethereum is hovering close to $2,500, and the reason isn’t a sudden burst of retail hype. It’s the steady, quiet pull of institutional money. Nine straight days of Ethereum ETF inflows have kept demand alive even as the token slipped in the short term, and that split between price strength and cooling on-chain activity is exactly what makes this Ethereum price analysis worth a closer look right now.
Key takeaways
- Ethereum trades near $2,500 after falling 3.60% in 24 hours, supported by nine straight days of ETF inflows.
- Spot Bitcoin ETFs snapped their own nine-day inflow streak with a $202 million outflow on August 28, while spot Ethereum ETFs pulled in $102 million the same day, according to SoSoValue.
- ETH recently climbed above its average on-chain cost basis of $2,306, opening the door for holders to lock in profits.
- The Spent Output Profit Ratio (SOPR) has stayed above 1 for the past week, a sign that sellers are cashing out gains.
- Network activity, including transaction counts and active addresses, has slipped even as the price held firm — a divergence that traders are watching closely.
Ethereum Price Supported by Prolonged ETF Inflows
Institutional demand, not retail momentum, is the main force keeping Ethereum anchored near $2,500. Nine consecutive days of ETF inflows have offset a wave of short-term profit-taking, giving ETH a floor even as its 24-hour chart flashed red.
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