NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Institutional Money is Flowing into Ethereum at a Shocking Rate, New Data Shows

Cole Petersen
Cole Petersen
5 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ethereum has been one of the best performing cryptocurrencies throughout the course of the recent uptrend that was incurred yesterday evening, with ETH’s bulls propelling the crypto up nearly 10%.

This intense uptrend has come shortly after new data was released showing a massive influx of institutional money into ETH, which could be a sign that the cryptocurrency is on the cusp of seeing some immense bullishness in the mid-term.

Ethereum’s explosive uptrend and news regarding institutional inflows also comes shortly after it experienced a massive influx of buying pressure from whales on Bitfinex, which may have been a sign that this uptrend was imminent.

Ethereum Incurs Explosive Momentum Following Overnight Rally

At the time of writing, Ethereum is trading up over 9% at its current price of $170.60, which marks a massive climb from daily lows of $150 that were set yesterday when the crypto was caught within a bout of consolidation.

Today’s surge has come in tandem with Bitcoin surmounting the $7,000 region, however ETH has been able to outperform BTC today by just under 5%.

As NewsBTC reported roughly one week ago, ETH was recently subjected to some interesting occurrences on Bitfinex, including whales building a massive buy wall around $160 while margin traders overwhelmingly flipped margin long on the crypto.

Su Zhu – the CEO and founder of Three Arrows Capital – had spoken about this buy wall in a tweet, noting that it absorbed over 200,000 ETH in selling pressure.

“Large ETH buy wall on bfx here, 200k ether filled and another 50k remaining in the order book,” he noted.

Ethereum
Image Courtesy of Su Zhu

This, coupled with the majority of traders flipping margin long at this time, was a sign that an upswing was imminent.

Institutional Funding Heavily Flowing into ETH

In addition to seeing heavy retail buying pressure, a new report from Grayscale Investment shows that institutions have been allocating a significant amount of capital to Ethereum in recent times – totaling at $110 million in Q1 2020.

Spencer Noon – the head of crypto investments at DTC Capital – spoke about this trend in a recent tweet, noting that this quarter’s inflows into Grayscale’s Ethereum Trust were greater than all of its previous inflows combined over the past two years.

“Institutional investors are buying ETH. The cat is officially out of the bag. From the latest @GrayscaleInvest report: Ethereum Trust saw $110M in Q1 inflows. This is more than all of its previous inflows combined for the past 2 years ($95.8M),” he explained.

The confluence of institutional adoption and retail buying pressure is powerful and could give Ethereum significant room to run in the days and weeks ahead.

Featured image from Unsplash.
Tweet123Share223ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

트럼프, 백악관 연설서 비트코인 지지… BTC불 토큰 수혜 볼까?

트럼프, 백악관 연설서 비트코인 지지… BTC불 토큰 수혜 볼까?

도덜드 트럼프(Donald Trump)가 백악관 기자회견에서 비트코인을 다시 극찬하며 지지 입장을 밝혔다. 그는 비트코인이 ‘놀랍다’고 표현하며 경제 전반에서...

Soyeon Lee 1 hour ago
Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

Ethereum is trading above $2,400 after enduring several days of volatility and uncertainty. The price has managed to stabilize despite...

Sebastian Villafuerte 3 hours ago
Bitcoin

Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs

A seasoned crypto analyst has warned that the recent Bitcoin (BTC) price action may be setting the stage for major...

Scott Matherson 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Price Readies for Takeoff

Ethereum Price Readies for Takeoff — Bulls Eye Fresh Highs

Aayush Jindal 18 minutes ago
제미니, 비트코인 대량 보유한 MSTR 주식 토큰화… 다음 유망 알트코인은?

제미니, 비트코인 대량 보유한 MSTR 주식 토큰화… 다음 유망 알트코인은?

Soyeon Lee 1 hour ago
Dogecoin

Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit

Keshav Verma 1 hour ago

Premium Sponsors

Press Releases

  • 仮想通貨プレセール残り24時間で800万ドル目前 次の100倍銘柄となるか?

    ...

    12 hours ago
  • 1ドル以下で注目される仮想通貨おすすめ、Solana系トークンに割安銘柄あり?

    ...

    12 hours ago
  • Най-добрите криптовалути преди...

    13 hours ago
  • リップルとSECの訴訟終了後に注目すべき新しい仮想通貨プロジェクトとは

    ...

    13 hours ago
  • BTC

    仮想通貨 おすすめ:BTC Bull...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.