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Ethereum Price Today Hits $2,262 — Institutions Stack $113M Worth of ETH!

  • Ethereum price dropped 17% during the Iran-Israel conflict but has shown on-chain usage surge despite the price decline.
  • Whales and institutions accumulated significant amounts of ETH during the dip, with net inflows exceeding $1.4 billion.
  • Institutions bought 47,070 ETH worth $113 million with an average price of $2,400 during the recent market dip, showing confidence in ETH.
  • Market participants are racing to buy ETH at discounted prices, with ETH whales purchasing over $265 million worth of Ethereum during the weekend dip.
  • Smart money has aggressively bought ETH, with over $40 million of ETH ETF inflows seen last week, indicating positive sentiment towards Ethereum.

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