Ethereum Price Nears All-Time High as Institutional Buying Meets Derivatives Heat

TLDR: Ethereum price at $4,743 is just 5% below its all-time high after four failed breakout attempts earlier this year. Public companies and ETFs added billions in ETH, pulling 1.32M coins from exchanges since January. Open interest in ETH derivatives hit a record $33.8B, signaling aggressive speculative activity in the market. MVRV ratio above 1.85 [...]

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