Ethereum remains stable within the $2,600 to $3,000 range as institutional buying and ETF inflows continue to influence the market. Bitmine Immersion Technologies recently acquired 14,618 ETH, valued at $44.34 million, from a BitGo hot wallet, boosting its holdings to 3.6 million ETH, representing 3% of the total supply. Analysts suggest a breakout above $3,000 could lead to targets of $3,300 to $3,400, while a decline below $2,600 might see prices fall to the low $2,000s. On-chain data indicates increased ETH accumulation amid rising ETF inflows at BlackRock and Fidelity.
Ethereum Holds Steady in $2.6K–$3K Range Amid Institutional Activity
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