Editor's PiCK

Ethereum Records Monthly Inflow High This Month…$2.1 Billion

Source
Son Min

Summary

  • It was reported that the Ethereum spot ETF recorded a net inflow of $2.1 billion this month, setting a new monthly inflow record.
  • This figure is double the net inflow of $1 billion in November, indicating a surge in investor interest in Ethereum.
  • According to the media, as expectations for an Ethereum rally increase, a large-scale short position liquidation is expected if the Ethereum price exceeds $3,500.

Ethereum spot ETF's net inflow for December has set a new monthly inflow record.

According to Cointelegraph on the 27th (local time), the cumulative net inflow of the Ethereum spot ETF in December surpassed $2.1 billion (approximately 3 trillion 996 billion won), setting a new monthly inflow record. This figure is double the net inflow of $1 billion in November for the Ethereum spot ETF.

The media stated, "The record-breaking monthly inflow of Ethereum has strengthened expectations for a future rally," adding, "If Ethereum rises above $3,500, short positions exceeding $1 billion will be liquidated on all virtual asset exchanges."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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