Ethereum (CRYPTO: ETH) has surged past the $4,000 milestone again, fueled by widespread market optimism and unprecedented inflows into ETH-focused ETFs.
Cryptocurrency
Price
Market Cap
24-Hour Trend
7-Day Trend
Ethereum (CRYPTO: ETH)
$4,065.94
$489.6 billion
+4.2%
+6.5%
Bitcoin (CRYPTO: BTC)
$106,464.31
$2.1 trillion
+3.1%
+9.4%
XRP (CRYPTO: XRP)
$2.47
$141.8 billion
+2.1%
+3%
Trader Notes: With prices trading around 5% higher on Monday, crypto trader DonAlt tweeted,
$ETH pic.twitter.com/eanzXmw007
— DonAlt (@CryptoDonAlt) December 16, 2024
SmileyCapital shared with his followers that now is an opportune moment to buy ETH, suggesting $4,000 might be "the cheapest ETH you'll see for a very long time."
He boldly predicts that Ethereum could soon surpass Bitcoin in prominence.
Similarly, trader McKenna anticipates a strong "institutional narrative and FOMO" surrounding Ethereum spot ETFs as Q1 2025 approaches.
He noted that the year-end surge in institutional interest signals a trend likely to persist.
Crypto analyst Wolf echoed these sentiments, stating that no other chart currently shows as much explosive potential as Ethereum.
I challenge you to find a chart right now with more potential to explode than $ETH. There is none. pic.twitter.com/5JvCvkrE6M
— Wolf (@IamCryptoWolf) December 16, 2024
Statistics: SoSoSo Value data shows Ethereum Spot ETFs posting $855 million in net inflows between Dec. 9 and 13, marking a record high.
BlackRock's (NASDAQ:ETHA) ETF saw $523 million in weekly inflows, while Fidelity's (NASDAQ:FETH) ETF followed with $259 million in net inflows.
Total net assets stood at $13.8 billion as of Dec.13.
IntoTheBlock data shows large transaction volume increasing by 3.8% and daily active addresses dropping by 3.7%.
Exchanges netflows are down by 538.9%.
Around 96% ETH holders are in profit, 4% are at breakeven.
Coinglass data shows Ethereum short liquidations of $56.8 million at the highest level since Aug. 5.
Open interest spiked 9.5% to $29.7 billion in a single day, while ETH derivatives trading volume surged 124%.
Community News: SpotOnChain data shows Justin Sun withdrawing 52,905 ETH (worth $209 million) from Lido Finance approximately 15 hours ago, reporting a 29% ROI and a profit of $349 million on his ETH investments.
Following Ethereum's recent rally to $4,000, Sun sold 29,920 ETH (valued at $119.7 million).
What's Next: Ethereum's recent momentum reflects strong institutional interest, elevated trading activity and key movements from high-profile investors, adding fuel to its bullish outlook.
Bitcoin To $180,000, Ethereum Over $6,000, Solana To $500: VanEck's 2025 Crypto Predictions
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オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会（ASIC）の管理を受けております（AFSL No. 224663）。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
SmileyCapital shared with his followers that now is an opportune moment to buy ETH, suggesting $4,000 might be "the cheapest ETH you'll see for a very long time." 
SmileyCapitalはフォロワーに、今がイーサリアムを買う絶好のタイミングであり、$4,000が「非常に長い間見ることがない最も安いイーサリアム」である可能性があると示唆しました。 