<ul><li>Ethereum's bullish momentum is attributed to ETH ETF inflows and declining centralized exchanges reserves.</li><li>Spot ETH Exchange Traded Funds (ETF) have seen continuous inflows from asset managers like BlackRock and Fidelity.</li><li>Corporations like BioNexus Gene Labs and SharpLink Gaming are establishing ETH Treasury, contributing to the sustained price movement above $2.6k.</li><li>Reduction in Ethereum held in Centralized Exchange (CEX) reserves to its lowest level this year is seen as a bullish scenario, leading to a potential rally.</li></ul>

Why has Ethereum Held Above $2.6k, Defying the Market Dump?

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