Ethereum’s ether (ETH) surged nearly 6% in 24 hours, surpassing $3,800, outperforming the CoinDesk 20 Index. Financial institutions and treasury companies are investing in ETH, while U.S.-listed spot ether ETFs saw record inflows of $2.18 billion. Whales moved $50 million of ETH on-chain, fueling price expectations as high as $15,000.

ETH traded within a $255.34 range, with volatility at 7.22%, hitting lows of $3,534.57 and highs of $3,789.92 in the last 24 hours. Key resistance levels formed at $3,760-$3,790, with strong buying support around $3,590-$3,610. Ongoing institutional capital allocation suggests potential for a rally beyond current resistance thresholds.

Read more at Yahoo Finance: Ethereum’s ETH Breaks $3,800 Amid Massive Whale Buy, Large Capital Inflow