Ether Maintains Strength Above $2,600 Amid Record ETF Inflows and Reduced Exchange Supply

Ether (ETH) held steady above the $2,600 level Monday as institutional interest surged, highlighted by the largest weekly inflows into spot ETH ETFs so far in 2025.

The token surged to an intraday high of $2,650.18 before settling near $2,617, according to CoinDesk Research’s technical analysis data.

Despite a slight pullback, ETH remains among the strongest performers in the crypto market this week. Investment products linked to Ether attracted $321 million in fresh capital — marking the most substantial weekly inflow since December and signaling renewed confidence among investors.

Further supporting the bullish outlook, the amount of ETH stored on centralized exchanges has fallen to multi-year lows, suggesting increased accumulation and a shift toward self-custody.

Key Technical Insights:

• ETH’s 24-hour trading range spanned $172.87, reflecting a 6.97% price movement, with a high of $2,650.18.
• Strong volume of 288K ETH helped push the price decisively above $2,550 resistance.
• Current price action shows consolidation above $2,600 after a minor retracement.
• Support has formed around $2,610 to $2,615, with buyers actively defending the critical $2,600 level.
• A surge in trading volume at 07:58 coincided with a brief dip to $2,609, reinforcing buyer interest.
• The prevailing trend remains bullish as ETH continues to hold higher lows.