Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Ethereum has started consolidating near $2,470 after its August recovery, as falling exchange reserves reveal an increasingly tight liquidity supply structure.
Reportedly, the supply structure shifted as fewer tokens remained readily available on Binance.
According to CryptoQuant, the Binance ETH reserves had fallen to approximately 3.74 million ETH, marking their lowest level in three months.
The decline reflected a broader reduction in exchange-held Ethereum. The total reserves across the major exchanges recently hit a multi-year low of approximately 14.88 million ETH.
The lower reserves limited the ETH immediately available for trading, reducing potential selling pressure.
However, falling reserves alone did not necessarily indicate stronger demand, but this supply shift coincided with record Ethereum staking participation.
Roughly 43.1 million ETH was staked, which represented 35.9% of circulating supply. The rising staking additionally limited the portion of ETH readily available for trading as well.
These developments together pointed toward an increasingly constrained liquid supply outlook.
Source: CryptoQuant How the tightening supply could reshape ETH price direction The tightening liquid supply could become more significant and influential in case the spot demand strengthens.
The fewer readily available tokens meant the bulls could face limited exchange-side supply pressure. Consequently, this imbalance could make Ethereum highly sensitive to sustained buying pressure.
However, the supply tightening does not guarantee higher prices without sufficient demand.
Therefore, continued exchange exits could reinforce this structure by keeping immediately tradable ETH constrained. Persistent inflows could instead increase potential selling availability.
Ultimately, ETH’s next price directional move depends partly on whether demand expands alongside the declining liquid supply.
Binance top traders maintained their long bias The derivatives positioning continued supporting the bulls as Binance top traders preserved a clear long-side bias.
According to CoinGlass data, the long accounts represented 59.05%, versus 40.95% holding short positions. This resulted in a Long/Short Ratio of 1.44, showing a stronger bullish positioning among the Binance top traders.
Additionally, the Ethereum Open Interest remained elevated at around $33.73 billion. This largely stable Open Interest suggests leveraged participation remained significant as ETH consolidated within its current range.
Together with the long-side dominance, this shows that traders retained a bullish exposure without a reduction in derivatives participation.
However, the concentrated long positioning could trigger a liquidation risk in case ETH loses its current support.
But for now, the derivatives positioning remains supportive as ETH attempts to build strength for another resistance attempt.
Source: CoinGlass Cooling RSI and bearish Parabolic SAR tested ETH’s recovery At the time of analysis, Ethereum [ETH] traded around $2,473, inside its consolidation range after August’s rapid price advance.
The token continued holding above the $2,372 support, as repeated attempts stalled around $2,540 resistance area.
The RSI indicator retreated to approximately 60.5 after previously hitting the overbought territory. This suggested that buying strength had moderated without pushing RSI into the bearish territory.
The Parabolic SAR meanwhile remained above the current price, maintaining a short-term bearish pressure within the consolidation.
Holding above the $2,372 support would keep the broader price structure intact despite these cooling indicator conditions.
A successful breakout above the $2,540 area could likely reopen the path for another upside expansion.
Source: TradingView Final Summary Binance reserves fell as record staking reduced Ethereum’s immediately available liquid supply. Long-heavy derivatives positioning favored buyers, but ETH still needed to clear $2,540.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Following CPI data, Wall Street has widely revised up its forecasts for August core PCE.
After the release of the latest CPI data, Wall Street economists have collectively revised up their forecasts for August’s core PCE, with current projections clustering in the 0.20% high range, and multiple banks even forecasting 0.30% or higher. Specifically: Barclays raised its PCE inflation forecast from 0.22% (pre-CPI) to 0.25%; Goldman Sachs lifted its forecast from 0.24% (pre-CPI) to 0.26%; Nomura Securities adjusted its forecast from 0.245% (pre-CPI) to 0.278%; and Bank of America raised its forecast from 0.26% (pre-CPI) to 0.3%.
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Robinhood Co-Founder Publishes Long Article on Stock Tokenization: Tokenizing stocks on-chain does not alter their underlying attributes, and stock issuers have no right to prevent this.
Robinhood co-founder Vlad Tenev published a lengthy article early this morning outlining Robinhood’s vision to enable global investors, especially non-U.S. users, to gain exposure to U.S. stocks and ETFs via blockchain, with a key focus on whether issuers need to consent to the tokenization of their stocks. Tenev argues that public company stocks are freely transferable personal property, and their owners should have the right to decide how to hold and use them. Issuing companies control the rights attached to their issued securities, but they do not control all third-party financial products built around those securities—a well-established precedent in financial markets, as seen in unsponsored ADRs, options, and structured products. Accordingly, if a product alters the rights of the underlying shares, replaces the company’s official shareholder register, or imposes new obligations on the company or its transfer agent, issuer involvement is required. If it merely creates an independent financial instrument that holds or references freely transferable shares on a 1:1 basis without modifying the issuer’s rights, obligations, or official shareholder records, no issuer consent is necessary. Robinhood operates on a model where third parties issue independent instruments backed 1:1 by underlying shares. Tokenizing stocks should not grant issuers veto powers they did not previously hold, nor should it bar new investors from entering the space solely because issuers are unfamiliar with new technologies. Last week, AMC’s CEO criticized Robinhood’s so-called "synthetic equity market," warning that stock token trading could decouple from listed companies’ financing arrangements, and demanded Tenev and Robinhood halt AMC stock token trading. The ensuing debate has sparked lively discussions across crypto and stock communities.
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China’s demand for tokens has seen explosive growth, with consumption projected to reach 100 quadrillion by 2026.
Beating AI Express News: The "2026 Research Report on AI Infrastructure Development in the Agent Era" released by China Telecom Research Institute shows that as the focus of the artificial intelligence industry shifts from competition over large models and computing power to large-scale agent implementation and application monetization, China's token demand is experiencing explosive growth. The report points out that AI is now entering a new development phase centered on agents, which make complex AI technologies invisible and inclusive. The general public and enterprises do not need to master professional technical skills—they can complete end-to-end complex tasks with the help of agents. Rao Shaoyang, Director of the Institute of Industry and Enterprise Strategy at China Telecom Research Institute, projects that China's annual token consumption will reach 100 quadrillion by 2026, and exceed 35 quintillion by 2030, with a compound annual growth rate (CAGR) of nearly 12 times. (Source: Jinshi)
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Long.xyz Founder: OpenAI and Anthropic-linked liquidity pool products have been a massive success, with plans to next expand AI-related trading pairs and boost overall TVL.
Robinhood-linked crypto and meme coin issuance platform Long.xyz founder Nate published a post summarizing the performance of its latest version: Pre-IPO trading pools for OpenAI and Anthropic have attracted roughly $1 million in deposits, with 24-hour trading volumes reaching $18.1 million and $14.6 million respectively. Pool data shows the OpenAI pool has a Total Value Locked (TVL) of $215,300 and an Annual Percentage Rate (APR) as high as 15193.60%, while the Anthropic pool has a TVL of $301,700 and an APR of 9583.99%. The synchronization between pool prices and Lighter_xyz perpetual contract Net Asset Value (NAV) has improved significantly. Nate stated this is the largest launch to date; next steps will include launching liquidity for AI-related trading pairs, increasing overall TVL, and expanding the open pairing model to more top trading pairs on the LONG platform. Today, Long.xyz launched OpenAI and Anthropic Pre-IPO trading pairs, with related contracts powered by Lighter. Meme coins CATGPT and ANTHROPIG paired with these assets have gained market popularity, seeing active trading that spiked briefly before pulling back.
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Analysis: Bitcoin sentiment indicator hits a two-year high, market frenzy is cooling down.
CryptoQuant analyst Darkfost stated that Bitcoin’s recent rally has lifted investor sentiment to its strongest level since March 2024. The market sentiment metric he tracked once surged above 89/100, entering the "extreme greed" territory. This indicator integrates multiple data points including the Fear & Greed Index, with a scale spanning -100 to +100, where -100 corresponds to extreme fear and +100 to extreme greed. Darkfost pointed out that extremely bullish or bearish market sentiment typically signals a potential trend inflection point. Currently, as prior market euphoria gradually recedes, the sentiment metric is cooling to a more normal level, while Bitcoin continues to struggle to defend its current price range.
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Micron issues a generous maximum bonus of up to 68 months' salary; the labor union in Taiwan, China still threatens to strike.
Micron Technology announced it will distribute record 2026 fiscal year bonuses to its employees in Taiwan, China, with some staff receiving bonuses equivalent to up to 68 months of salary, and the minimum cash compensation reaching 1.7 million New Taiwan Dollars (approximately $53,800). Entry-level engineers are set to receive an average total bonus of around 3.4 million New Taiwan Dollars, plus annual equity grants. However, the Taoyuan Union, which represents roughly two-thirds of Micron’s workforce in Taiwan, China, still rejects the current plan, insisting that 15% of the company’s operating profit be allocated to employee bonuses. The union added that it will proceed with strike procedures if Micron does not respond to its demands. Micron currently employs about 15,000 people in Taiwan, China, with cumulative investments exceeding 1.6 trillion New Taiwan Dollars. The increased bonus payouts are widely viewed as tied to the profit-sharing mechanisms of South Korean memory chip makers. This year, Samsung Electronics, under pressure from union strikes, ultimately agreed to establish a special bonus pool equal to 10.5% of its semiconductor division’s operating profit. As labor negotiations between Micron and its staff in Taiwan, China enter a critical phase, a potential full-scale strike could disrupt Micron’s production schedule and further roil the global memory chip supply.
The crypto ETF market delivered a split verdict on September 11. Bitcoin funds bled $13.29 million in net outflows on the day, while Ethereum ETFs absorbed $216 million in fresh capital.
What the numbers actually say The $13.29 million Bitcoin ETF outflow figure comes from SoSoValue’s tracker, but context matters here. In the three days running up to September 11, Bitcoin ETFs had already shed roughly $450 million in net outflows. The $13.29 million reading on the 11th looks less like a recovery and more like the bleeding slowing to a trickle after a rough week.
For comparison, Bitcoin ETFs posted a single-day inflow of $730.9 million on September 3. The reversal from that high to sustained outflows within days is the kind of whipsaw that keeps risk managers up at night.
It is worth flagging that different data providers are not always reading from the same sheet. Some trackers reported Bitcoin outflows closer to 3,391 BTC on the same date, which works out to roughly $267 million at prevailing prices, alongside Ethereum-side outflows of 17,723 ETH, valued at approximately $46 million. The methodology gap between trackers reflects the fragmented nature of ETF flow reporting, where timing of NAV calculations and data cut-off windows can produce materially different headlines from the same underlying market activity.
The bigger picture: $55 billion in and still counting Bitcoin ETFs have accumulated more than $55 billion in cumulative net inflows since their US launch in January 2024. Total assets under management across the major Bitcoin ETF issuers stood near $97 to $99 billion in mid-September. The dominant players in that AUM stack are BlackRock, Fidelity, Grayscale, and ARK 21Shares, with BlackRock’s iShares Bitcoin Trust consistently leading on volume.
Capital rotating within the crypto ETF ecosystem is different from capital leaving it. If institutions were simply de-risking, you would expect outflows across both products. The fact that Ethereum saw substantial inflows on the same day Bitcoin was bleeding suggests this was a relative value trade, or at minimum, a meaningful shift in institutional preference between the two assets.
What the rotation signals for markets The macro backdrop on September 11 was not neutral. Inflation data and Federal Reserve meeting calendars were both active considerations for institutional allocators during this period, and rate-sensitive positioning tends to show up in flow data before it shows up in prices.
For Bitcoin specifically, the week of September 8 through 11 represents a stress test for the ETF wrapper thesis. Nearly $450 million in outflows over three days, following a single week of strong inflows, is not the behavior of a purely patient capital base. The cumulative $55 billion inflow figure suggests the structural demand story remains intact, but the short-term volatility in weekly flows is a reminder that ETF wrappers do not change the underlying asset’s volatility profile.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
BlackRock’s Ethereum ETF just had another massive day. The firm’s iShares Ethereum Trust, trading under the ticker ETHA, pulled in roughly $149 million in net inflows on September 11, accounting for nearly 69% of the $216 million that flowed into US spot Ethereum ETFs that session.
The purchase pushes ETHA’s cumulative net inflows to $13.013 billion, a figure that cements BlackRock’s position as the dominant force in the Ethereum ETF space. Total sector net assets now sit at approximately $16.305 billion, meaning BlackRock alone is responsible for the vast majority of capital that’s entered these products.
One fund, most of the market This kind of concentration isn’t new. BlackRock pulled a similar trick with its spot Bitcoin ETF, IBIT, which routinely dwarfed competitors in daily inflow volume after launching in early 2024.
The September session also continues a broader trend of institutional money flooding into Ethereum through regulated vehicles. August 2026 saw $1.75 billion in cumulative inflows across the entire spot Ethereum ETF sector. ETHA contributed over $1 billion of that total during a notable nine-day inflow streak.
Beyond holding: the staking expansion In March 2026, the firm launched ETHB, a staked Ethereum ETF that lets investors earn yield on their holdings. Staking involves locking up ETH to help validate transactions on the Ethereum network, earning rewards in return. By packaging this into an ETF wrapper, BlackRock gives traditional finance clients access to native crypto yields without requiring them to run validator nodes or manage private keys.
What this means for Ethereum’s market structure The January 2026 precedent is worth noting. Earlier this year, BlackRock-linked wallets recorded a significant ETH purchase of roughly $149 million in a single day, a figure that almost exactly mirrors the September 11 inflow.
The risk cuts both ways. If market sentiment shifts or a macro shock triggers broad de-risking, the same ETF structure that channels billions in becomes a conduit for billions out. Redemption flows would force selling of the underlying ETH, potentially amplifying downside moves.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
NFT sales reached approximately $46.78 million over the seven days ending Sep. 12, up 6.8% from the previous seven-day period, according to CryptoSlam data. Ethereum led blockchain sales, while a small number of high-value Bitcoin transactions accounted for much of the week’s activity.
Summary
NFT sales rose 6.8% to $46.78 million across the seven-day reporting window. Buyer addresses fell 84.67% to 41,959, even as transactions rose 48.75% to 917,549. Ethereum led blockchains with $16.83 million in sales, down 6.36%. Bitcoin sales climbed 50.12% to $9.44 million, helped by several large BRC-20 NFT trades. Polygon-based Courtyard topped collections with $6.67 million in sales across 104,404 transactions. According to data from CryptoSlam, the increase in dollar sales came alongside a steep drop in the addresses recorded as buyers and sellers. Buyer addresses fell 84.67% to 41,959, while seller addresses declined 85.13% to 43,247. The dashboard recorded 917,549 transactions, up 48.75%.
Those counts describe addresses, not confirmed individual buyers or sellers. They also show why the higher sales total needs context: more transactions took place despite far fewer addresses appearing in the buyer and seller figures.
Ethereum leads NFT sales with $16.83 million Ethereum remained the largest blockchain for NFT sales at $16.83 million, although its total fell 6.36% from the prior period. CryptoSlam recorded 8,271 buyer addresses on Ethereum, down 79.37%, and $794,730 in wash-trading volume. The dashboard lists wash volume separately from sales; the two figures should not be added together.
Ethereum leads weekly NFT blockchain sales | Source: CryptoSlam Bitcoin ranked second with $9.44 million in sales, a 50.12% increase. Its buyer-address count fell 82.79% to 2,255, while listed wash volume was $74,767. Bitcoin’s gain was much stronger than Ethereum’s, but its collection and individual-sale rankings show that a handful of transactions carried a large share of that volume.
Polygon followed with $7.71 million in sales, up 7.73%, and 13,888 buyer addresses, down 85.34%. CryptoSlam separately displayed $17.11 million in Polygon wash volume. Because that figure is larger than the chain’s listed sales, it should not be read as additional collectible purchases.
BNB Chain ranked fourth at $4.02 million, up 25.99%, followed by Base at $2.48 million, down 35.34%, and Solana at $2.30 million, up 32.91%. Buyer-address counts fell on all six of the leading chains shown in the dashboard, including a 90% decline on BNB Chain and an 86.97% drop on Base.
The six networks together accounted for approximately $42.78 million of the $46.78 million global sales total. Smaller networks supplied the remainder. For U.S. readers following NFT activity across chains, the split matters: Ethereum led in dollar volume, while Bitcoin posted the largest weekly sales gain among the top six.
Courtyard tops weekly NFT collection sales Courtyard led collections with $6.67 million in sales on Polygon, up 8.46%. It recorded 104,404 transactions, 16,253 buyer addresses and 14,268 seller addresses. Transactions rose 9.98%, although buyer addresses fell 14.60%.
Courtyard tops weekly NFT collection sales | CryptoSlam Courtyard’s NFTs represent ownership of physical collectibles held through its platform, according to Polygon’s description of the project. Its high transaction count therefore sits in a different category of activity from the week’s largest Bitcoin BRC-20 NFT transfers.
Ethereum-based Argonauts ranked second with $4.36 million in sales, up 109.04%. The collection recorded 2,331 transactions and 656 buyer addresses. Despite the increase in sales value, its transaction count fell 25.14% and buyer addresses dropped 21.72%.
The Bitcoin-based $X@AI BRC-20 NFTs collection placed third with $2.90 million, up 217.88%, but reached that total through just nine transactions involving seven buyer addresses. Its largest displayed sale, at $2.10 million, represented about 72% of the collection’s weekly volume. CryptoSlam classified the transfers as NFT sales; the dashboard alone does not establish that they reflect broad demand for conventional digital collectibles.
Another Bitcoin collection, $X@AGI BRC-20 NFTs, ranked fourth at $1.72 million across three transactions. CryptoSlam showed a 7,762.30% weekly increase, a percentage shaped by the small number of sales. Its largest displayed transaction was worth $1.14 million, or roughly two-thirds of the collection’s weekly total.
CryptoPunks followed at $1.13 million across 15 transactions, down 41.84%. BNB Chain’s OI NFT recorded $1.00 million across 2,001 transactions, with 2,001 buyer addresses and two seller addresses. Guild of Guardians Heroes placed seventh at $952,128, down 2.27%, ahead of Bitcoin-based $ATMC BRC-20 NFTs at $920,976, up 80.47%.
Bitcoin BRC-20 NFTs dominate the largest sales The five largest individual sales displayed by CryptoSlam were all Bitcoin BRC-20 NFTs. The top-ranked $X@AI BRC-20 NFT sold for $2,095,886.72, or 26.2326 BTC, approximately five days before the Sep. 12 screenshot.
Top NFT collectible sales this week | Source: CryptoSlam A $X@AGI BRC-20 NFT followed at $1,140,988.93, or 14.3755 BTC, approximately three days before the screenshot. Another $X@AGI item sold for $574,078.04, or 7.1817 BTC, roughly six days before it.
Fourth was a $X@AI BRC-20 NFT at $401,684.92, settled for 5.0818 BTC, approximately five days before the screenshot. A further $X@AI item completed the top five at $395,775.82, or 5 BTC, roughly three days before it. Together, those five listed trades were worth about $4.61 million, close to half of Bitcoin’s weekly NFT sales total.
The price of Ether jumped 7.46% to 2619 dollars following the release of data on US inflation. Tom Lee mentions the probable start of a “brutal rally”, however his projection more broadly concerns risky assets and does not set any specific target for ETH.
In brief Ether jumps 7.46% and reaches 2619 dollars after US inflation figures. Tom Lee mentions the possibility of a brutal rally on risky assets, without setting a target for ETH. BitMine holds 5.93 million ETH, or 4.9% of the supply referenced by the company. The company has staked 5.07 million ETH and continues its weekly purchases. Inflation and Fed monetary policy remain determining factors for the continuation of the move. The price of ether climbs after US inflation During the session on September 11, Ether ended the day up 7.46%. Indeed, its price hovered around 2619 dollars, bringing its weekly gain to 6.62%. Such a rebound came after many sessions marked by investor caution.
The market therefore reacted to the release of data on the US consumer price index. Thus, inflation reached 3.4% over one year in August, in line with expectations. However, prices rose 0.4% over one month, while core inflation moved by 0.3%.
Main statistics put Ether’s rebound in context :
ETH reached 2619 dollars after a daily increase of 7.46% ; Its seven-day gain stood at 6.62% ; US inflation reached 3.4% year-over-year in August ; The core index rose 0.3% over one month. Investors had adopted a defensive posture before this release. Indeed, the absence of a bad surprise then favored a return to cryptos. Short sellers also may have bought back their positions to limit losses, which accelerated the rise.
Such a mechanism is equivalent to what traders call a “face-ripper rally”. It constitutes a rapid increase that catches sellers off guard and forces them to buy, fueling the move.
Tom Lee’s forecast is not only about Ethereum Tom Lee, co-founder of Fundstrat and chairman of BitMine, believes that the market’s excessive caution creates the conditions for a marked rebound. Before the release of inflation statistics, Fundstrat wrote “that a less bad outcome can trigger a significant rise”, in a note dedicated to investor positioning.
Such a statement does not represent a projection solely dedicated to Ethereum. Fundstrat’s analysis more broadly concerns stocks and cryptos. It is related to Ether because of the crypto’s rise and Tom Lee’s direct relations with BitMine.
The analyst did not release any price target for ETH nor any technical level that could confirm a sustained recovery. This observed move may therefore correspond to a relief rally without necessarily marking the start of a new bullish cycle.
The persistence of inflation also constitutes a risk. Higher prices would encourage the Federal Reserve to maintain a restrictive monetary policy or raise its rates. Such a scenario could weigh on non-fixed income assets, including cryptos.
BitMine now holds 4.9% of the ETH supply Tom Lee’s position deserves special attention. He chairs BitMine, the largest corporate treasury in Ether. The company held 5.93 million ETH as of September 7, or 4.9% of the supply used as reference in its filing with the SEC.
BitMine had staked 5.07 million ETH, nearly 85% of its reserves. The company estimated its annualized revenues from this operation at 330 million dollars, based on a yield of 2.61%. This amount remains a forecast sensitive to the crypto price and the network’s yield progression.
Tom Lee states: “BitMine has been buying ETH every week since launching its treasury strategy on June 30, 2025”. The company purchased 28086 ETH during the week preceding its statement.
These acquisitions reduce the amount of Ethers automatically available on the market, especially if the tokens are staked. However, they do not guarantee a price increase. Investor demand, Fed policy and overall market evolution will remain decisive.
A rebound of Ethereum to 2619 dollars thus supports in the short term the scenario of a relief rally. However, a sustained evolution will require new spot purchases, such as those of BitMine, and a less unfavorable monetary environment.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Ethereum (ETH) price briefly touched $2,665 on September 11 amid a surge in inflows to ETH ETFs.
Ethereum’s gains followed the release of the US CPI print that fell in line with expectations. Still, Goldman Sachs warns that the Fed could hike rates at the September 16 FOMC meeting.
Despite the bearish macro pressure from the looming rate hike, Ethereum price had gained by 2% at the time of writing, to trade at $2,515.
Ethereum ETFs Outperform All Crypto Funds as Inflows Surge Data from SoSoValue shows that inflows to Ethereum ETFs reached $216.41 million on September 11, with this being the highest inflow recorded by these products since August 27.
Ethereum was also the only crypto fund that saw inflows, with Bitcoin (BTC) and Solana (SOL) recording outflows while Ripple (XRP) recorded zero flows.
Ethereum ETF Flows (Source: SoSoValue) The BlackRock Ethereum Trust (ETHA) recorded the highest inflows of $148 million, while the Bitcoin Ethereum ETF had the second-highest inflows of $29 million.
The total value traded for all Ethereum ETFs also topped $2.56 billion, with this nearly equaling Bitcoin’s $2.6 billion in value traded.
Goldman Sachs Rate Hike Bet Fails to Weaken ETF Demand Goldman Sachs has changed its tune on whether the Fed will hike or trim interest rates at the September 16 FOMC meeting.
The investment bank now says that the Federal Reserve will hike rates by 25 basis points to tame inflation after core CPI rose 0.3% month-on-month, with this being higher than the expected 0.2%.
CoinGape prediction markets also show that there is a 79% chance that the Fed will hike rates at the September FOMC meeting.
Source: CoinGape Prediction Markets However, Goldman Sachs analyst Jonathan Shugar opines that risk assets might still gain even if this hike occurs, with this sentiment explaining why there was a surge in inflows to Ethereum ETF despite the hawkish Fed outlook.
The Bank of Japan is also expected to hike rates on September 16, with this also coming after the ECB hiked rates by 25 basis points.
Analyst Points Out $10M Ethereum Supply Wall as Whale Activity Rises Analyst Ali Martinez on X notes that 10 million ETH traded at the price between $2,700 and $2,800.
The analyst says that whales need to push the price of Ethereum above this supply wall for the price to reach the psychological resistance of $3,000.
Martinez also opined that the recent gain in Ethereum price to $2,665 was fuelled by whales after the number of ETH transactions that are worth more than $1 million increased by 14% on September 11.
Analyst Ted Pillows also predicts that if Ethereum price can close a weekly candle above $2,550, the price could move to $3,000.
Ethereum Price Breaks Out of Consolidation The price of Ethereum has moved above the resistance of a consolidation channel at $2,516. In August 2026, Ethereum price also closed above the resistance of a similar consolidation channel before the price gained by 31%.
If buying pressure surges and Ethereum price closes above $2,516 on the daily chart, the price could move to the supply wall between $2,700 and $2,800.
If Ethereum price continues to move higher above this supply wall, it could reach the 161.8% Fib of $3,100.
The RSI reading of 63 also supports a bullish long-term Ethereum price outlook. The RSI line that has also crossed above the signal line suggests that bulls are tightening their grip.
ETH/USDT 1D Chart (Source: TradingView) However, this bullish thesis could fail of Ethereum price drops below the lower trendline of the consolidation channel at $2,390.
On Friday, the 11th of September, Ethereum experienced a rally from $2,437 that reached as high as $2,667. It liquidated $211 million in short positions for the day.
To add to the bulls’ pain, the price has since fallen back below the psychological $2,500 resistance level. Here’s what you should know to understand what is ahead for Ethereum.
The 2-hour, 10% Ethereum price surge, explained Crypto analyst Ali Martinez noted that the short-term price move followed the CPI report, which showed inflation was at a 3.4% annual pace. The $2,530 high has been a place the bulls have tried to surpass since the 21st of August.
The coiled price action beneath this level built up long and short liquidations around the short-term range. The stock futures rising ahead of the report only lit the spark that hunted these overhead short liquidations down.
Source: Ali Charts on X The UTXO Realized Price Distribution shows the distribution of Bitcoin supply based on the price at which the last UTXO moved. Tall clusters highlight heavy accumulation, making the $2,700-$2,800 area major resistance.
There was also an increase in whale activity over the past couple of days, despite a lack of a strong price trend.
What next for Ethereum? Source: ETH/USDT on TradingView In a recent report, AMBCrypto highlighted the range formation around Ethereum. This range appeared to have been convincingly broken, but a few hours after the breakout, the price retraced right back into the range.
The price action and the large short liquidations meant that the breakout was likely a move to hunt down liquidity.
Source: Trader Morin on X Trader Morin broke down the potential “trap” ahead. Simply put, the idea is to trap as many people as possible before the real move, which in this case would likely be downward toward $2,100.
A breakdown below the $2,380 range low would be a clear signal of bearish dominance. Until then, traders can trim short their bullish expectations, since the breakout has failed to hold.
Final Summary The Ethereum bullish breakout on Friday led to $315 million in long and short liquidations in 24 hours, the majority of them being short. Since the breakout, ETH prices have strayed back within the range, undermining the bullish case for the leading altcoin.
U.S. spot Bitcoin ETFs have lost $462.7 million during the September 8–11 trading week, while Ethereum funds have gained $196.9 million and Solana funds have drawn a smaller $9.7 million inflow.
Summary
Bitcoin ETFs recorded net outflows in all four trading sessions, led by a $282.7 million loss Thursday. Ethereum ETFs gained $216.4 million Friday, turning their weekly total positive. Solana funds added $9.7 million, while Hyperliquid funds lost $26.5 million. The four ETF groups tracked by Farside posted a combined $282.6 million net outflow. Farside Investors’ Bitcoin ETF data shows that the funds lost money each day from Tuesday through Friday. U.S. markets were closed Monday, September 7, for Labor Day, leaving four sessions in the reporting week. Farside’s separate tables put Ethereum and Solana funds in positive territory, while Hyperliquid funds ended with outflows.
Bitcoin ETF losses peaked on Thursday Bitcoin funds began Tuesday with $46.6 million in net outflows. The daily loss rose to $120.2 million Wednesday and $282.7 million Thursday before easing to $13.2 million Friday, according to Farside. The four sessions erased part of the $986.7 million that the same funds had gained in the previous trading week.
ARK 21Shares’ ARKB had the largest weekly outflow among individual Bitcoin funds at $234.2 million. Its $164.3 million loss on Thursday accounted for much of that amount. Grayscale’s GBTC followed with $129.1 million in weekly outflows, including $65.5 million on Tuesday and $36.4 million on Thursday.
BlackRock’s IBIT lost a net $52.5 million over the week. After taking in $10.7 million on Tuesday, it posted outflows of $19.5 million on Wednesday, $24.5 million on Thursday, and $19.2 million on Friday. Fidelity’s FBTC finished the week down $50.7 million, while VanEck’s HODL lost $13.1 million.
A few products still drew money. Morgan Stanley’s MSBT gained $19.7 million across the four sessions, with inflows recorded each day. Bitwise’s BITB ended with a $1.9 million gain after its $14.5 million Tuesday inflow was largely offset by a $12.6 million Thursday outflow.
The weekly flow figures describe subscriptions and redemptions in U.S.-listed funds. They do not show whether a particular holder bought or sold Bitcoin directly. In August, crypto.news reported Jane Street held more than $1 billion in spot Bitcoin ETF shares at the end of June, including roughly $828 million in IBIT. The regulatory filing showed an earlier quarter-end position, not the firm’s holdings during the September trading week.
Ethereum ETFs turned positive after Friday’s inflow Ethereum funds entered Friday with a combined $19.5 million net outflow for the week. Farside recorded a $24.3 million loss Tuesday, a $34.7 million gain Wednesday, and a $29.9 million loss Thursday. Friday’s $216.4 million inflow took the weekly result to a $196.9 million gain.
BlackRock’s ETHA supplied most of Friday’s inflow, adding $148.8 million. The fund finished the week with $139.9 million in net inflows after a $18.6 million outflow on Thursday, which partly offset its gains on Wednesday and Friday. BlackRock’s staked Ethereum fund, ETHB, added $55.1 million for the week, with $22.9 million arriving Wednesday and $18.3 million Friday.
Bitwise’s ETHW gained $29.1 million, all on Friday. VanEck’s ETHV drew $3.7 million the same day. Fidelity’s FETH moved the other way: a $25.2 million outflow on Thursday left it with a $3.9 million weekly loss despite inflows on Tuesday and Friday.
Grayscale’s ETHE lost $17.3 million over the four sessions. Its smaller ETH fund lost $11.8 million after a $24.6 million Tuesday outflow outweighed later gains. Ethereum ETFs brought in $215.3 million in the previous week, based on Farside’s daily totals, making the latest four-session gain slightly smaller despite Friday’s large inflow.
The listed products give U.S. investors a way to trade exposure to Bitcoin or Ethereum through fund shares. Earlier crypto.news covered Morgan Stanley’s holdings in BlackRock’s Bitcoin ETF, which its second-quarter filing put at about 16.5 million shares after a 23% increase. The report also described its exposure to Ether and Solana; those quarter-end holdings cannot be used to identify who drove this week’s ETF flows.
Solana ETFs gained $9.7 million Solana funds posted their only positive day on Wednesday, when Farside recorded $11.2 million in net inflows. Smaller losses of $0.7 million Tuesday, $0.5 million Thursday, and $0.3 million Friday reduced the weekly total to a $9.7 million gain.
Bitwise’s BSOL accounted for $9.5 million of the weekly inflow. The fund received $11.2 million on Wednesday, then lost $1.4 million on Thursday and $0.3 million on Friday. VanEck’s FSOL added $0.9 million Thursday, and its TSOL fund gained $0.5 million Tuesday. Grayscale’s GSOL recorded a $1.2 million outflow Tuesday and no further net movement in the Farside table.
Hyperliquid funds lost money in three sessions Hyperliquid ETFs recorded $26.5 million in weekly net outflows. Farside listed a $13 million loss Tuesday, followed by $5.3 million Wednesday and $8.2 million Friday; its table showed no net flow Thursday.
Bitwise’s BHYP accounted for $20.2 million of the weekly loss. It lost $8.1 million Tuesday, $5.3 million Wednesday, and $6.8 million Friday. The 21Shares THYP fund lost $6.3 million across Tuesday and Friday, while Farside recorded no net movement for HYPG during the week.
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Grok 4.7 Delayed at the Last Minute: Elon Musk Says Training Process Over-Penalized Response Length
Beating AI Express: Elon Musk confirms Grok 4.7 will be delayed by a few more days. On September 2, he had announced the model would launch "10 days later", originally targeting around September 12. Now as the launch nears, xAI has discovered the model prematurely wraps up when handling difficult tasks, even abandoning tasks it could otherwise complete, and its answer verification is insufficiently rigorous. Musk suspects the problem stems from the reinforcement learning phase: during training, the model may have been penalized too heavily for response length, pushing it to produce shorter, quicker answers that cut down on the reasoning required for complex tasks. Still, he added "possibly" and "or similar causes", noting xAI has not yet fully identified the root cause.
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New dark history of OpenAI Agent exposed: It had launched attacks on RubyGems two months before the Hugging Face incident.
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Renowned asset management firm BlackRock has continued to dominate both the Bitcoin and Ethereum ETF market, attracting large amounts of capital in the ecosystem.
While Ethereum has been trading sideways, showing mixed price action over the past weeks, onchain data from Arkham Intelligence shows that BlackRock has managed to attract decent capital into the market over the past month.
BlackRock buys Ethereum's dipAccording to the data, BlackRock's Ethereum ETF (ETHA) bought about $13.9 million worth of ETH during its latest trading session, bringing the fund's total Ethereum purchases over the past 20 trading days to $251.4 million.
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While momentum across the broader Ethereum ETF market has been relatively weak amid persisting market uncertainty, BlackRock has managed to sustain institutional demand for the leading crypto asset.
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Following this strong performance from the BlackRock Ethereum ETF, ETHA has recorded no outflows during the 20-day period. This means that the fund has maintained a 20-day inflow streak despite unstable price movements.
BlackRock maintains dominance Unlike BlackRock, the downside pressure seen across the crypto market has affected the performance of other Ethereum funds, as they recorded multiple withdrawals during the period.
With BlackRock outperforming its peers in the Ethereum ETF ecosystem, data shows that other major Ethereum ETFs, including BlackRock's sister fund ETHA and Fidelity's FETH, recorded notable outflows during the period.
It appears that institutions are showing more confidence in the BlackRock investment product than in other funds, as ETHA continued to attract capital while some funds experienced withdrawals amid the market correction.
Spot Ethereum ETFs in the US just posted their strongest monthly inflow figure since August 2025. Funds tracking ETH’s price drew in $1.75 billion across August 2026, snapping a rough patch that had seen the category bleed over $1 billion in net outflows during May and June combined.
Nine days that turned the tide The bulk of August’s haul arrived in a concentrated burst. A streak of nine to ten consecutive trading sessions beginning around August 17 generated approximately $1.42 billion in net inflows, according to data from SoSoValue and Farside Investors.
The peak came on August 27, when a single day saw $225.8 million flow into spot ETH products. Bitcoin ETFs pulled in $242.3 million that same day, meaning the gap between the two asset classes had narrowed significantly.
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BlackRock’s ETHA fund did most of the heavy lifting. The product accounted for roughly 72% of the August inflow streak, contributing around $1.02 billion on its own. Fidelity’s FETH and BlackRock’s staking-enabled ETHB product filled in the rest.
What’s driving the institutional pivot The sources of capital behind August’s surge were largely institutional and traditional finance channels, rather than crypto-native retail flows. Two macro tailwinds helped set the table: declining Treasury yields made fixed-income alternatives less attractive, and improvements in the regulatory environment for digital assets removed some of the compliance friction that had kept institutional allocators on the sidelines.
Since the July 2024 launch, cumulative net inflows across all US spot Ethereum ETFs have reached approximately $12 billion to $13 billion. Total assets under management for the category sit somewhere between $12 billion and $15 billion as of August 2026.
What this means for the Ethereum versus Bitcoin ETF narrative BlackRock’s ETHA capturing roughly 72 cents of every dollar flowing into spot ETH products mirrors the pattern of how Bitcoin ETF flows concentrated around IBIT in the early months of that product’s life.
The staking-enabled ETHB adds a layer that Bitcoin cannot replicate. Bitcoin doesn’t produce native yield. Ethereum, through its proof-of-stake mechanism, does. A product that packages staking rewards into an ETF wrapper transforms Ethereum from a speculative asset into something closer to a yield-bearing digital commodity.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Short Sellers Take the Bigger HitMore than 103,600 traders were liquidated across crypto derivatives markets in a single 24-hour window, according to CoinGlass data. Total liquidations reached $747 million, with short positions absorbing the larger share of the damage at $424.80 million, against $322.50 million wiped from long positions.
$ETH was the hardest-hit asset, accounting for $296.97 million in liquidations. $BTC followed at $203.95 million, with the remainder spread across smaller altcoins and token pairs. The scale of the move underlines how quickly leveraged positions can unwind when markets shift direction.
A liquidation happens when a trader borrows to make a bigger bet than their capital would cover, the market moves against them, and the exchange closes the position automatically before losses exceed the margin posted.
Hyperliquid Records the Largest Single LiquidationThe single largest forced closure of the session was a $20.28 million ETH-USD perpetual position on Hyperliquid, the decentralized exchange that has become the dominant venue for on-chain derivatives trading. Hyperliquid is a purpose-built Layer-1 blockchain that processed $633 billion in trading volume in Q1 2026 alone. According to Artemis, Hyperliquid captures over 70% of the entire decentralized perpetual futures market measured by open interest.
That dominance means large forced closures increasingly show up on its books rather than at centralized rivals. The concentration of the session's largest liquidation on Hyperliquid is a direct reflection of its growing weight in the market.
The latest data adds to a broader pattern of periodic liquidation cascades as crypto markets continue to attract leveraged participation. Liquidations play a crucial role in market volatility, often having a significant impact on traders' positions and price movements. When clusters of leveraged bets get caught on the wrong side of a move, the resulting forced closures can amplify price swings in either direction.
Ethereum (CRYPTO: ETH) on Friday tapped $2,600 for the first time in seven months after core CPI hit its lowest level in over five years.
What Drove the MoveWidely-followed market commentator Bull Theory posted on X that $127 billion flooded back into the total crypto market cap in just 90 minutes after the CPI release, with Bitcoin surging above $79,000 alongside Ethereum’s breakout.
As Benzinga reported Friday, core CPI came in at its lowest level in over five years, triggering a sharp risk-on move as investors treated the rate hike as a priced-in event rather than a new shock.
What the ETF Data Could ShowSpot ETH ETFs recorded $19.30 million in net outflows this week through Thursday according to SoSoValue, but Friday’s data remains pending.
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Given Ethereum’s 8% rally and the return of buying activity, Friday inflows could potentially offset the weekly deficit and extend the ETF inflow streak to four consecutive weeks.
What Analysts Are SayingAli Martinez posted on X that Ethereum is doing exactly what he predicted, with price approaching his $2,740 target.
Meanwhile, Michaël van de Poppe added on X that ETH making new highs is the signal altcoin bulls have been waiting for.
“For altcoins to really shine, you’d require to see momentum in ETH and that’s here,” he wrote, pointing to strong performance in Bitcoin pairs as confirmation that broader crypto momentum is building.
ETH Price Prediction: Key Levels to WatchEthereum surged above the upper boundary of its ascending channel before pulling back to retest the breakout zone near $2,580 to $2,600.
Holding that level as support confirms the breakout and opens the path toward $2,670 and then $2,700. Meanwhile, RSI at 67.92 shows strong momentum just below overbought territory.
However, a drop back inside the channel puts $2,500 in focus, followed by the 20-day EMA at $2,424.
Key levels for ETH: $2,670 to $2,700 — next resistance targets above $2,580 to $2,600 — breakout retest zone, must hold $2,424 — 20-day EMA, deeper support below Read Next
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Asset management giant BlackRock has continued to assert its dominance in the cryptocurrency exchange-traded fund sector, with its Ethereum ETF seeing sustained inflows despite broader market volatility.
Strong inflows for BlackRock’s Ethereum ETFBlackRock, one of the world’s largest asset managers overseeing trillions in assets, has seen notable demand for its Ethereum ETF, named ETHA. Recent on-chain data from Arkham Intelligence indicates that ETHA accumulated approximately $13.9 million worth of Ethereum during its most recent trading session.
Over the last 20 trading days, ETHA’s total Ethereum purchases reached $251.4 million. The fund experienced zero outflows during this period, marking a continuous 20-day inflow streak even as Ethereum’s price action remained largely rangebound and uncertain.
Momentum across the overall Ethereum ETF market has remained limited, but BlackRock’s ETF has attracted steady institutional capital, with no redemptions over the past 20 trading days.
The surge in ETHA inflows stands out as broader market uncertainty dampened investor sentiment. Ethereum, the second-largest cryptocurrency by market capitalization, saw mixed price activity over recent weeks, yet BlackRock’s fund defied the trend by maintaining institutional interest.
Institutional participants appear to be favoring BlackRock’s offering over others, citing confidence in the company’s track record and depth in asset management.
Mini dictionary: Arkham Intelligence, an analytics platform that provides on-chain data and insights for cryptocurrencies, enabling investors and researchers to track wallet activity and capital flows.
Comparison with other Ethereum ETFsWhile BlackRock saw consistent inflows, rival Ethereum ETFs registered contrasting performance over the same period. According to Arkham Intelligence, funds like Fidelity’s FETH and several other major Ethereum investment products recorded outflows as they faced market headwinds.
Multiple Ethereum ETFs other than ETHA suffered withdrawals, reflecting weaker institutional support amid volatile crypto prices. The persistent inflows into BlackRock’s ETF further underscored investors’ preference for its investment vehicle over competing funds in the sector.
Ethereum ETFNet Inflow (20 days)Outflows Recorded?BlackRock ETHA$251.4 millionNoFidelity FETHNegative (outflows)YesOther major ETFsNegative (outflows)YesAnalysts claimed that BlackRock’s persistent inflows during challenging market conditions may influence investor sentiment and lead to further divergence between high-profile ETFs and their peers in the coming months.
The absence of outflows from ETHA signals ongoing trust among large investors in BlackRock’s management, while other Ethereum ETFs continue to grapple with capital flight.
As the crypto ETF landscape evolves, competition among Ethereum funds is expected to intensify, with institutional confidence and fund performance remaining key factors.
Cantor Fitzgerald has more than doubled its price target on BitMine Immersion Technologies, lifting its view from $30.60 to $63.60 while keeping an Overweight rating on the stock. The revision, dated September 10, 2026, lands at a moment when the company looks considerably different from the immersion-mining outfit it once was.
BitMine shares were trading near $24.20 when the note hit, meaning the new target implies roughly 163% upside from that level.
From mining rigs to Ethereum treasury BitMine Immersion Technologies began life as a company focused on liquid-immersion cooling for crypto mining hardware. The company now holds approximately 5.93 million ETH as a core treasury asset, a position it has been building through public-market capital raises.
The effect of that shift is straightforward: BMNR stock has effectively become a leveraged proxy for Ethereum’s price movements. When ETH rises, BitMine’s treasury swells in dollar terms, and the stock tends to amplify that move. When ETH falls, the reverse applies, with extra force.
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Beyond simply holding ETH, the company is exploring staking and validator initiatives, which would allow its treasury to generate yield rather than sitting passively.
What Cantor’s analysts are seeing The firm’s note did not exist in isolation. Cantor Fitzgerald simultaneously adjusted price targets for other crypto-adjacent equities, including Sharplink Gaming, suggesting a broader re-rating of the sector rather than a single-company call.
The central call from Cantor’s analyst is that the current crypto bear market drawdown is likely to find a floor around October 2026. The caveat offered was that near-term volatility remains possible.
Cantor’s $63.60 target also stands well above the consensus. Across multiple analyst firms, the average price target on BMNR currently sits at $46.80. That means Cantor is roughly 36% more bullish than the street average.
Shares rose about 8% in the session following the note’s release, a move that coincided with a broader rally in Ethereum prices.
The risk embedded in the strategy The ETH treasury model carries structural risk that standard equity investors may not be accustomed to underwriting. Unlike a company that sells software or hardware and generates cash flow from operations, BitMine’s balance sheet health is directly tethered to crypto market conditions. A sustained decline in Ethereum’s price would erode the treasury value, potentially complicating the company’s ability to raise capital on favorable terms.
There is also the concentration question. Holding 5.93 million ETH is a substantial single-asset exposure. Diversification is not part of this thesis, by design.
The staking and validator work offers a partial offset. Generating yield from the treasury means the company is not entirely dependent on price appreciation to justify its existence. But staking returns are denominated in ETH, which means the yield itself is subject to the same price risk as the principal.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum has moved from the 100th spot to 61st among the world’s top assets by market capitalization, a climb that captures the ongoing recovery the asset has staged throughout 2026.
A year of dramatic swings Ethereum’s trajectory through 2026 has been anything but linear. In early July, ETH sat between 93rd and 95th globally, with a market cap of roughly $215B to $216B, having only recently climbed back above the top 100 threshold after slipping below it in late June when its valuation hovered around $192B to $197B.
At that earlier low point, ETH ranked alongside companies like SoftBank and Shell in terms of market value.
Earlier in 2026, on January 31, ETH had actually ranked as high as 56th globally, carrying a market cap of approximately $305B. That came before a sharp 14.43% weekly decline knocked it down several rungs.
By mid-September, ETH prices were trading between $2,500 and $2,600, with the market cap crossing back above $300B, a recovery fueled in part by U.S. inflation data that shifted broader risk sentiment. No major upgrade, no network event drove the move.
How Ethereum got here historically Ethereum first cracked the global top 100 asset ranking in January 2021, debuting at 97th with a market cap of around $132B.
The circulating supply of ETH stood at approximately 120.68 million tokens in early July 2026 and had grown to around 122 million by September.
Bitcoin maintained a ranking of around 15th among global assets during the same period, a gap that illustrates just how much daylight still exists between the two largest crypto assets in terms of perceived store-of-value status.
What the ranking shift actually signals The swings Ethereum has experienced in 2026 highlight how sensitive the asset remains to macroeconomic signals. U.S. inflation data, interest rate expectations, and broader risk appetite continue to move ETH’s price in ways that can shift its global ranking by dozens of places within weeks.
The January 2026 peak at 56th, followed by the decline toward the bottom of the top 100, is a useful reference point. It suggests that the mid-50s to low-60s range represents a recurring zone for ETH under current market conditions, one reached without any specific catalyst from within the Ethereum ecosystem.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TLDR: Ethereum surged 10% within two hours as whale-driven buying accelerated the entire price move. Whale transactions above $1 million jumped nearly 14%, signaling strong large-holder demand. Glassnode data shows more than 10 million ETH previously traded between $2,700 and $2,800. Analysts say clearing the $2,700–$2,800 resistance zone could open the path toward $3,000. Ethereum surged 10% in two hours, moving from $2,433 to $2,667, as large holders stepped up buying activity. Whale transactions above $1 million rose nearly 14% during the move.
The increase in large-wallet activity coincided with fresh August inflation data showing a 3.4% annual rate. Analysts say whale participation played a central role in accelerating the rally. Ethereum now approaches a key resistance zone near $2,700 to $2,800.
Large Holders Take the Lead in Ethereum’s Move Whale activity stood out as the defining feature of this week’s rally. On-chain data showed transactions above $1 million climbing nearly 14%.
That shift pointed to concentrated buying from large wallets rather than broad retail demand. The pattern suggested bigger holders positioned early as sentiment turned favorable.
Analyst Ali Charts tracked the move in a five-part breakdown on X. The account noted Ethereum had already reached a $2,740 target flagged earlier.
It tied the rally directly to rising whale participation. The post framed large-holder activity as the main force behind the two-hour surge.
Data cited in the thread, sourced from Santiment Intelligence, reinforced that reading. The nearly 14% jump in large transactions came alongside the price spike.
Such increases often reflect accumulation by whales rather than short-term retail trading. The timing suggested large holders acted quickly once the inflation report was released.
Whale-driven rallies tend to move faster and with less warning than retail-led ones. The two-hour timeframe of this surge fits that pattern closely.
Large wallets can shift price quickly when acting in coordination or in response to macro news. This rally appears to reflect exactly that kind of behavior.
Whales Now Face a Resistance Test Near $2,800 Even with whales fueling the advance, Ethereum faces a dense supply zone ahead. Glassnode data showed over 10 million ETH previously traded between $2,700 and $2,800.
That volume represents holders likely to sell as price returns to their entry range. Whales pushing further will need to absorb that supply.
Analysts view this range as the next test of whale conviction. Sustained buying from large wallets would be needed to clear the zone.
A pullback could follow if whale demand fades near resistance. The $2,700 to $2,800 band is being treated as the decisive marker.
Trader Crypflow offered a technical read that aligns with the whale narrative. The post described a liquidity sweep above the prior range, followed by a move back inside.
Similar setups in past consolidations preceded larger directional shifts. Crypflow suggested a sweep below the range could occur next.
If that pattern repeats, Crypflow noted it could set up an expansion move higher. Such liquidity grabs often precede renewed buying from larger participants.
Whether whales continue driving Ethereum higher will likely hinge on this resistance test. Their next move should determine if $3,000 comes into range soon.
Ethereum posted a sharp rally, gaining 10% within two hours as large holders drove a wave of buying. The price climbed from $2,433 to $2,667 during the sudden move, which analysts attributed to a surge in on-chain activity by so-called whales.
Whale transactions rise, boosting market momentumMarket data revealed a notable increase in transactions over $1 million, which rose nearly 14% as Ethereum’s price spiked. Analysts stated that this pattern suggested significant accumulation by wallets holding large amounts of ETH, outpacing activity from retail investors.
The uptick in whale participation followed the release of fresh US inflation figures for August, which showed an annual rate of 3.4%. Observers linked the timing of the ETH rally to the macroeconomic data, suggesting that institutional players rapidly adjusted their positions.
Ali Charts, a well-followed crypto analyst, highlighted in an X post that Ethereum had reached a key price target of $2,740 previously flagged as an area of interest.
Ethereum’s surge was tied directly to increasing whale activity, with major holders stepping in as soon as new inflation figures emerged. These large wallets have historically accelerated price movements in short timeframes, and the two-hour spike reflects typical whale-led dynamics.
On-chain analytics firm Santiment supported this view, reporting a nearly 14% uptick in transactions exceeding $1 million, underscoring the dominance of large-holder demand during the rally.
Rapid moves driven by whales often result in swift price adjustments, as significant capital can shift sentiment quickly on the network.
According to market observers, major holders often coordinate their activity or react rapidly to external news, amplifying short-term volatility on platforms like Ethereum.
Critical resistance at $2,700–$2,800 for EthereumDespite the recent advance, Ethereum now faces a key resistance zone between $2,700 and $2,800. Glassnode, a blockchain analytics company, reported that over 10 million ETH had previously traded within this price range, creating a concentration of supply as the token approaches those levels.
Market participants believe that whales likely need to absorb significant selling pressure if they intend to push prices higher. Many holders who entered between $2,700 and $2,800 could look to exit at breakeven, according to technical analysts.
Sustained whale demand would be required for Ethereum to decisively clear this band. If accumulation slows at resistance, analysts say a pullback could develop.
Crypflow, a trader focused on technical setups, described the current price action as a liquidity sweep above the previous range. The trader suggested that if Ethereum dips below the current range, it could set up for an eventual expansion move to the upside.
This behavior, often referred to as a liquidity grab, can signal renewed interest from significant buyers once supply at resistance is exhausted.
Whether Ethereum can sustain momentum and reach the $3,000 level will likely depend on the next actions of these large holders at the resistance zone.
Mini dictionary: Glassnode: A blockchain analytics platform known for providing on-chain data, insights, and metrics to track large transactions, wallet activity, and supply distribution of cryptocurrencies.
Price zoneETH traded (million)Potential outcome$2,433 – $2,667N/A10% price jump, driven by whale buying$2,700 – $2,80010+Heavy resistance, likely selling pressure from previous buyersAbove $2,800N/APotential new rally if resistance is cleared More than 10 million ETH were previously bought between $2,700 and $2,800. This area forms a dense supply barrier, and the ability of whales to absorb this selling could determine whether Ethereum pushes on toward $3,000 in the near future.
Bitcoin briefly topped $79,000 before pulling back markets await next week’s interest rate decision and the CLARITY Act vote.
Notable Statistics:
Coinglass data shows 99,064 traders were liquidated in the past 24 hours for $723.34 million. SoSoValue data shows net outflows of $282.6 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $29.8 million. In the past 24 hours, top gainers include Bitway, Jupiter and Aerodrome Finance. Notable Developments:
Ethereum Taps $2,600 For First Time In 7 Months: What Is Happening? Bitcoin Will See New Highs in 2026, $1 Million by 2030, Bitwise Exec Predicts Bitcoin Hits $79,000, ETH Surges to $2,600 on Hot Inflation Print: What Is Going On? XRP ETFs Beat Bitcoin, Ethereum Inflows: What Is Going On? Billionaire Tim Draper Predicts Bitcoin to Hit $250,000 BTC Within 2 Years Trader Notes:
Trader Michaël van de Poppe expects Bitcoin to briefly sweep below recent lows over the weekend before reversing higher and retesting the range highs.
Trader Killa XBT said Bitcoin swept the lows, rallied to the highs and retraced 60% after flushing longs. With late shorts now building, he sees fresh liquidity above as the next target, requiring roughly a 1.2% move higher.
Ted Pillows noted Bitcoin’s daily MACD remains bearish, while the latest rally lacked strong spot demand and rising rate-hike odds add pressure.
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A strong weekly close above $80,000, backed by solid ETF inflows, could open a move to $85,000, but the current structure favors a pullback.
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ETH price is flashing a bullish signal, but a $160 million transfer from Wintermute makes the move harder to trust. Ethereum formed a golden cross between its 50-day and 200-day EMA bands, while ETH spiked intraday to $2,665 before trading near $2,580.
ETH Price Rally Meets Heavy Exchange DepositsOver three hours, Wintermute deposited 61,847 ETH worth about $160.3 million into Binance and Coinbase. That’s a sizeable transfer arriving while the chart is trying to look bullish.
The question is straightforward: can ETH price keep climbing if major exchange deposits continue?
The transfer doesn’t prove those ETH are being sold, but it adds an obvious source of uncertainty to the current rally.
Bitfinex in 2026 Sees Biggest ETH Inflow Since 2025Exchange flows are sending an equally messy signal ahead of the U.S. CPI release, per Amr Taha.
Bitfinex recorded roughly $495 million in positive ETH netflow on September 10, its highest reading since February 2, 2025. That latest inflow was about 36% higher than the previous $365 million reference point.
Meanwhile, Binance saw approximately $244 million in net outflows and OKX recorded around $99 million. Combined, those exchanges registered roughly $343 million in outflows.
The split is striking. Bitfinex’s inflow was about 44% larger than the combined Binance and OKX outflows.
ETH Price Still Needs Buyers To Follow ThroughPositive exchange netflow means more ETH entered an exchange than left it, while negative netflow reflects net withdrawals. Neither flow direction alone confirms whether the assets are intended for selling.
That distinction matters here. The golden cross gives ETH price a bullish technical signal, but the exchange data isn’t clean enough to call the move decisive.
For now, ETH price remains caught between improving chart structure and conflicting exchange flows. The $2,665 intraday spike needs follow-through, especially with Wintermute’s $160.3 million transfer hanging over the move.
Story Ends Here
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By the end of the working week on September 11, the price of Ethereum (ETH) had risen by 7.46%, reaching $2,619.0 and demonstrating strong upward momentum. Over the week as a whole, the asset gained 6.62%.
Commenting on the surge, Fundstrat co-founder Tom Lee described the current momentum as the beginning of a massive "face-ripper rally" for short sellers.
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For Lee, this forecast has direct financial significance: the company he oversees is officially the world's largest corporate holder of Ethereum.
Ethereum vs BMNR stock price correlation chart highlighting Tom Lee's 'Face Ripper' tweet, Source: TradingViewHow U.S. inflation (which came in worse than expected) taught short sellers a harsh lessonThe catalyst behind such a sharp move in the cryptocurrency market was the release of the August U.S. Consumer Price Index (CPI). Although annual inflation fully matched expectations at 3.4%, the Core CPI rose by 0.3% month over month, slightly exceeding forecasts.
The data caused brief market fluctuations and a jump in Treasury yields, after which markets quickly turned higher. According to Fundstrat, investors had adopted extremely defensive positions ahead of the release. As a result, the relatively "harmless" data triggered a massive return of capital sitting in cash to risk assets, fueling a wave of forced short-position liquidations.
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This capitulation by market bears benefits Bitmine Immersion Technologies (BMNR), a former mining company whose board Tom Lee has chaired since the summer of 2025.
The company is now actively implementing his "alchemy of 5%" strategy and buying the second-largest cryptocurrency by market capitalization every week. By September 2026, Bitmine had accumulated 5.9 million ETH on its balance sheet, representing approximately 4.9% of the global supply, and had placed most of the coins into staking to generate yield.
By methodically buying coins every week, Lee has effectively put the market in a vise: while skeptics waited out the inflation data in fiat, Bitmine captured a key share of the supply, turning this price reversal into a harsh lesson for short sellers.
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The Clearpool credit protocol is officially breaking its exclusive ties to the Ethereum ecosystem. The platform has announced a migration: it is moving its core infrastructure rails to the XRP Ledger (XRPL), leaving its previous growth constraints behind and initiating a full migration of its native token from CPOOL to CLEAR.
The project is effectively becoming Ripple's main on-chain lending partner, positioning itself to take control of the emerging institutional capital market on the network.
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The XRP Ledger has historically been associated with cross-border payments rather than DeFi activity. Due to the lack of flexible financial instruments, vast reserves of liquidity within the XRP ecosystem remained idle for years, while Ethereum maintained total dominance in lending.
The situation has changed. With the launch of the XRPL v3 upgrade, the network has finally gained native lending mechanisms. Clearpool is entering this market at its earliest stage, aiming to replicate the success of Morpho's model on Ethereum, which has attracted more than $14 billion in deposits, but apply it to real-world businesses and private credit in entirely new territory.
CLEAR token allocation structure and vesting schedules for the XRP Ledger expansion. Source: Clearpool Governance ForumThis is not simply a rebranding exercise designed to generate headlines. Clearpool's expansion is tied to the launch of a major commercial product. Together with Cicada Partners, the project is launching an institutional credit fund to finance fintech and payment companies.
Currency: All settlements and payouts will be conducted exclusively in RLUSD, Ripple's new regulated U.S. dollar stablecoin.Ripple's role: Ripple itself has joined the fund as a limited partner, providing the capital needed to supply liquidity to the first lending pools.Current status: The architecture is already being tested on Devnet, while validators on the mainnet conduct the final vote on activating the lending-related upgrades.Hex Trust, a major regulated custodian, will be responsible for security and borrower verification. It will handle compliance requirements and connect the new XRPL pools with the ERC-20 infrastructure familiar to investors.
Why replace a token that was already working?The previous CPOOL token, launched in 2021 during the era of Ethereum's dominance, has exhausted its potential: 99% of its supply has already been distributed, leaving the project without reserves to incentivize liquidity across new markets.
The new CLEAR token is intended to become a symbol of transparency. Its name reflects a move away from lending "black boxes" in favor of open, auditable terms and allocations. Resetting the treasury will allow the project to aggressively capture market share on XRPL without being constrained by the limitations of its old ecosystem.
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To prevent CLEAR from losing value, Clearpool is reinstating a strict deflationary model. Half of all fees generated by the protocol's lending products will be used to buy back tokens on the open market and permanently burn them. The remaining 50% will be distributed to active stakers.
The proposal has been published on the Clearpool forum for a 14-day community discussion period. Once that period ends, the final decision on launching the migration and activating the XRPL pools will be submitted to a general Snapshot vote by tokenholders.
Clearpool, a decentralized credit protocol previously built on Ethereum, is transitioning its entire core infrastructure to the XRP Ledger (XRPL). The platform has outlined plans to migrate its native token from CPOOL to a new asset called CLEAR, aiming to overcome prior growth limitations associated with the Ethereum network.
Clearpool reshapes its strategy with XRPL migrationBy relocating to XRPL, Clearpool is positioning itself as a principal on-chain lending partner for Ripple, the company behind the XRP Ledger. This strategic shift seeks to harness untapped institutional capital within the XRPL ecosystem and foster new lending markets that had faced constraints on Ethereum.
Historically, the XRP Ledger focused on cross-border payments rather than decentralized finance (DeFi) products. Its lack of advanced lending tools left substantial XRP liquidity unused, while Ethereum led the decentralized lending sector.
Recent developments have altered the landscape. The XRPL v3 upgrade has introduced native lending functions to the network. Clearpool enters this market at an early stage, aiming to adapt Morpho’s successful Ethereum lending model to real-world business and private credit applications on XRPL. Morpho is known for facilitating over $14 billion in deposits within the Ethereum DeFi ecosystem.
Mini dictionary: XRPL v3, the latest version of the XRP Ledger protocol, has added native lending features, allowing developers to build DeFi credit products directly on the XRP network.
New institutional credit fund and CLEAR token launchClearpool’s migration is coupled with the launch of a significant commercial offering. In partnership with Cicada Partners, Clearpool is establishing an institutional credit fund designed to finance fintech and payment companies.
All settlements and payouts in the fund will utilize RLUSD, Ripple’s newly launched regulated U.S. dollar stablecoin. Ripple has also joined as a limited partner, providing liquidity for the initial lending pools.
Currently, the system is undergoing testing on the Devnet, while XRPL mainnet validators hold the final vote on enabling new lending functionality. Hex Trust, a regulated digital asset custodian, is tasked with overseeing security, borrower verification, compliance, and interoperability with Ethereum’s ERC-20 infrastructure.
Mini dictionary: Hex Trust is a licensed digital asset custodian serving institutional clients by providing secure custody and compliance services for cryptocurrencies.
CPOOL to CLEAR: Token migration and new economicsClearpool’s original governance token, CPOOL, debuted in 2021 but now faces distribution exhaustion, with 99% of supply already released and minimal resources left for incentivizing liquidity.
The upcoming CLEAR token represents a transparent new phase. The treasury reset will enable aggressive market expansion within XRPL. The project intends to implement a strictly deflationary model for CLEAR: half of all protocol fees from lending products will be used to buy back and permanently burn the token, while the other half will reward active stakers.
TokenMain ChainSupply StatusIncentive StructureCPOOLEthereum99% DistributedLimited for new marketsCLEARXRPLFull resetDeflationary, revenue buybacks and staking rewardsCommunity members can currently review the migration proposal during a 14-day discussion period on the Clearpool forum. Following the discussion, tokenholders will determine the final launch of the migration and the activation of new XRPL pools through a general Snapshot vote.
Clearpool’s revised approach seeks to introduce fully transparent and auditable lending products, with protocol fees split between buybacks for burning and rewards for active stakers, marking a new era for DeFi on XRPL.
Ethereum Price Faces a Reality Check as EIP-8288 Puts Its Technology to the Test Ethereum (ETH) presales
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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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Ethereum price is trading at $2,465, steady and calm on the surface. Underneath it, the network is being asked a much harder question: can it actually deliver post-quantum cryptography at scale, or is this another roadmap promise that outruns its execution timeline?
The catalyst is EIP-8288, a proposal from Vitalik Buterin introducing a recursive STARK aggregation mempool framework designed to make Ethereum more quantum-resistant and more efficient at processing cryptographic proofs. The proposal merged into the official EIP repository on September 9, 2026.
Vitalik Targets Cheaper Quantum-Safe Transactions With Recursive STARKs
Vitalik is pushing EIP-8288 for the I-star fork, describing it as the next step after Frames.
The idea is instead of putting large signatures and privacy proofs directly onchain, transactions declare what… pic.twitter.com/JQ3CCCibDI
— Ethereum Daily (@ETH_Daily) September 10, 2026 Now the proposal remains in draft form with no confirmed deployment schedule, which is exactly the kind of detail traders tend to skip past when they’re excited about a headline.
ETH is in the $2,440–$2,470 band this week, with 24-hour trading volume touching $16 billion.
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Can Ethereum Price Hit $2,600 This Week?ETH sits at $2,465, essentially flat on the day, with volume holding near $15.82 billion across major venues. Technically, the setup is a coiled range: resistance clusters around $2,544–$2,600, with a breakout above $2,600 needed to open a run toward $2,800. Support sits at $2,438–$2,440, reinforced by the 50-week moving average and a Fibonacci cluster.
The bull case sees EIP-8288 gaining developer traction while softer CPI data helps ETH clear $2,550, opening targets at $2,656 and $2,786. The base case has ETH chopping between $2,440 and $2,550 as traders wait for clearer roadmap signals.
The bear case begins with a break below $2,310, shifting focus toward deeper support near $2,220. For a longer-term view on fee revenue and staking yields, this ETH price outlook explores the fundamentals. For now, watch $2,438, the level that could decide which scenario plays out.
https://x.com/BTC_Hyper2/status/2097882993641816093?s=20Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
Bitcoin Hyper Targets Early Mover Upside as Ethereum Tests Key LevelsA range-bound ETH sitting below resistance for a second straight week isn’t a disaster, but it’s not a growth story either. Traders holding ETH near $2,450 are essentially paying for optionality on an upgrade with no delivery date.
This dynamic, proven infrastructure, priced accordingly, and limited near-term upside are pushing capital toward earlier-stage plays where the asymmetry is still wide open.
Bitcoin Hyper ($HYPER) is pitching itself as the first Bitcoin Layer 2 with SVM integration, aiming for execution speeds beyond Solana while settling security back to Bitcoin. The presale has raised $33 million at a current token price of $0.013686, with a huge 35% staking APY offered only for early buyers.
Core features include low-latency L2 processing, SVM-based smart contracts, and a decentralized canonical bridge for BTC transfers, addressing Bitcoin’s long-standing programmability gap.
Research Bitcoin Hyper before the presale window ends.
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A collaborative research effort involving more than 100 participants and AI coding agents has sharply lowered a widely cited measure of the quantum resources needed for a core arithmetic step in a theoretical attack on the elliptic-curve signatures used by Bitcoin and Ethereum.
The work, released as an arXiv preprint on September 9, 2026, focuses on reversible point addition over the secp256k1 curve.
That operation is repeated many times inside Shor’s algorithm when the goal is to recover a private key from a public key.
The project, known as ECDSA.
Fail and launched by Eigen Labs in late May 2026, treated circuit design as an open leaderboard contest.
Contributors submitted evaluator-checked designs that were ranked by a spacetime-style score equal to peak logical qubit width multiplied by average executed Toffoli-gate count.
At the July 26 cutoff used in the paper, the leading circuit used 1,151 logical qubits and about 1.30 million Toffoli gates, for a combined score of roughly 1.496 billion.
That is an 86.1 percent drop from the contest’s starting baseline of 10.75 billion.
Relative to a Google Quantum AI point-addition benchmark published in March, the new score is more than 50 percent lower, though the authors emphasize that the two efforts use different interfaces and accounting conventions, so the comparison is not exact.
Lead author Jieyi Long of Theta Labs and co-authors from the Ethereum Foundation, StarkWare, the Starknet Foundation, Trail of Bits, Brevis, Sei Labs, and other groups stress that the result is not a working attack.
No present-day quantum computer can run the full algorithm at cryptographic scale.
The paper also excludes the additional overhead of error correction, magic-state factories, and other hardware costs that a complete end-to-end break would require.
A second circuit, adapted to the single-call interface used in windowed versions of Shor’s algorithm, scored about 1.96 billion after adjusting for measured success probability on random inputs.
Work continued after the paper’s cutoff.
Later submissions pushed the Toffoli count below one million in one design and the qubit count down to 813 in another, at the expense of other resources.
The authors frame the exercise as “open autoresearch”: humans and agents publish verified improvements rather than closed-source circuits.
Google’s earlier estimates had been accompanied by a zero-knowledge proof instead of public circuit details.
The open contest, they argue, produces reproducible numbers that help networks judge how quickly they must migrate to post-quantum signatures.
Bitcoin and Ethereum developers are already studying that transition.
Public-key reuse and older address formats leave large amounts of value exposed once a sufficiently large fault-tolerant machine exists. The new benchmark does not change the fact that such a machine is still years away, but it tightens the resource gap that planners must watch.
Ethereum price traded near $2,457 on Sep. 11 after recovering from a drop toward $2,400, but resistance around $2,500 continued to limit its advance.
Summary
Ethereum price recovered from $2,400 but remained below the $2,500 resistance level. Daily Bollinger Bands placed immediate support near $2,399 and resistance at $2,530. The 4-hour Supertrend remained bullish, with dynamic support at $2,423. Liquidation clusters near $2,490 and $2,530 could shape the next short-term move. Ethereum price action today Ethereum (ETH) was trading at $2,457 at the time of writing, below the psychological $2,500 level after failing to hold an intraday recovery.
The daily candle remained up about 0.8%, having opened near $2,438 and reached a high of $2,485. However, the broader short-term chart showed repeated rejection between $2,490 and $2,530, preventing buyers from extending the rebound that began in August.
ETH has consolidated mainly between $2,400 and $2,530 since its sharp rally from below $2,000. The price tested the lower end of that range on Sep. 10 before buyers pushed it back above $2,450.
Persistent outflows from U.S. spot Ethereum exchange-traded funds have reduced one source of institutional demand. Sticky U.S. inflation and expectations that interest rates could stay elevated have also weighed on risk assets by keeping Treasury yields competitive with assets that do not generate fixed income.
Ethereum’s changing supply dynamics add another concern. Lower transaction fees following network upgrades such as Dencun have reduced the amount of ETH burned, weakening the deflationary case that previously supported the asset’s long-term investment narrative.
Ethereum technicals show support at $2,400 The daily Bollinger Bands showed Ethereum trading just below the middle band at $2,464.93. Reclaiming that level would improve the chances of another test of the upper band at $2,530.38.
Ethereum price daily chart — Sep. 11 | Source: crypto.news The lower Bollinger Band stood at $2,399.48, reinforcing $2,400 as the most important nearby support. A daily close below that area could confirm a loss of the current range and expose ETH to a deeper pullback.
The daily relative strength index was 59.28, below its moving average of 63.97. The reading remained above the neutral 50 mark but showed that momentum had cooled since the August advance. ETH was not oversold, meaning the indicator did not yet signal that selling had reached an extreme.
The 4-hour structure offered a firmer signal. The Supertrend remained bullish and marked dynamic support at $2,423.40. ETH would preserve its short-term recovery structure while trading above that line.
Ethereum price 4-hour chart — Sep. 11 | Source: crypto.news Aroon Up stood at 64.29%, compared with Aroon Down at 14.29%. The gap favored buyers and showed that recent highs were more relevant than recent lows, although neither reading pointed to overwhelming momentum.
Liquidation levels frame ETH’s next move CoinGlass’s three-day Ethereum liquidation heatmap showed concentrated leverage on both sides of the current price.
Ethereum liquidation heatmap | Source: CoinGlass The nearest large overhead clusters appeared around $2,490 and between approximately $2,525 and $2,540. A move above $2,500 could force short positions to close and draw ETH toward the stronger $2,530 liquidity zone.
The heatmap also showed a substantial downside concentration around $2,390 to $2,405. Losing the 4-hour Supertrend support at $2,423 could therefore pull the price toward $2,400, where leveraged long positions face greater liquidation risk.
Smaller liquidity bands were visible near $2,440 and $2,470. Those levels may keep price action uneven inside the broader $2,400–$2,530 range until either side produces a confirmed breakout.
Liquidity concentrations can attract price because forced position closures add trading volume. They do not guarantee direction, however, and the clusters can change as traders open or close leveraged positions.
Analysts identify $2,400 as the key level Analyst Ted Pillows said Ethereum was holding up better than Bitcoin after ETH quickly recovered from its fall to $2,400. According to the analyst, buyers remain in control as long as the price stays above that level.
His chart placed current resistance near $2,530 and the next major resistance around $2,800. It also identified support around $2,200, followed by a lower level near $1,955 if the current rebound fails.
Crypto Patel presented a much longer-term setup, arguing that Ethereum was testing a multi-year resistance area for the third time while remaining above an ascending accumulation zone. The analyst listed speculative breakout targets of $5,000, $10,000, and $15,000.
ETHEREUM BIGGEST BREAKOUT SETUP YET?$ETH is retesting a multi-year resistance zone for the 3rd time after holding its long-term accumulation support.
A breakout could open the path toward $5K → $10K → $15K. pic.twitter.com/e4No1rKCIB
— Crypto Patel (@CryptoPatel) September 11, 2026 Those targets depend on Ethereum clearing its multi-year resistance and sustaining the breakout. They do not describe the immediate setup, which remains defined by the much narrower range between $2,400 and $2,530.
US data could decide the breakout U.S. inflation and interest-rate expectations remain important for Ethereum because tighter monetary policy can reduce demand for volatile assets. Higher Treasury yields may also encourage fund managers to retain exposure to fixed-income products instead of increasing crypto allocations.
ETF flows provide another measure of U.S. institutional demand. Continued withdrawals would leave Ethereum more dependent on spot buyers, while a return to net inflows could help the price challenge the $2,500–$2,530 resistance area.
For now, Ethereum retains a mildly bullish short-term structure above $2,423, but buyers still need a daily close above $2,530 to confirm an upside breakout. A loss of $2,400 would invalidate that setup and shift attention toward lower support levels.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
If you’ve been holding tokenized real-world asset vault tokens and wishing you could do more with them on Ethereum, Aerie Capital just gave you a reason to stop wishing. The curator launched a dedicated Morpho lending market on Ethereum mainnet, allowing holders of four Plume/Nest vault receipt tokens to post them as collateral and borrow stablecoins against their yield-bearing positions.
The supported tokens, nALPHA, nOPAL, nBASIS, and nFALCON, each represent different slices of institutional-grade yield strategies. And the key selling point: none of this requires bridging assets from the Plume chain. You stay on Ethereum, you borrow stablecoins, you run yield strategies like looping. All from the comfort of the network where most of DeFi’s liquidity already lives.
What Plume Vaults actually do For the uninitiated, Plume Vaults package yield from institutional-quality assets into liquid, composable tokens. Think of them as wrappers around real-world income streams: credit receivables, basis trading strategies, and treasury positions, all tokenized and made accessible to DeFi participants.
Each of the four supported tokens targets a different risk-return profile. nALPHA represents a diversified, balanced yield vault. nOPAL focuses on Brazilian credit card receivables, carrying historical yields of roughly 8-12% APY with zero reported defaults since its late 2025 inception. nBASIS and nFALCON round out the lineup with additional institutional yield avenues.
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The cumulative settled RWA volume for Plume Vaults sits somewhere in the $600M to $800M range. nOPAL alone has reached total value locked in the tens of millions across multiple chains.
Why Ethereum, why Morpho, why now The choice of Morpho as the lending infrastructure is deliberate. Morpho operates as a permissionless lending protocol that allows curators like Aerie Capital to spin up customized markets with their own risk parameters and collateral types.
By deploying on Ethereum mainnet specifically, Aerie Capital is tapping into the deepest pool of DeFi liquidity and composability available. Previously, users who wanted to interact with Plume yield products were largely tethered to the Plume chain itself. That created a friction point: solid yield opportunities locked behind a bridge transaction that many users simply wouldn’t bother with.
Now, the collateral lives natively on Ethereum. Borrowers can access stablecoins against their vault positions and execute strategies like looping, where you borrow against your collateral, buy more of the yield-bearing asset, and post that as additional collateral.
This also facilitates migration of incentives from Plume mainnet. Liquidity providers and borrowers can shift positions to Ethereum while keeping their collateral intact.
The bigger picture for RWA lending Aerie Capital’s stated mission is to bring institutional-grade strategies into transparent on-chain markets. Brazilian credit card receivables yielding 8-12% with no defaults over roughly a year-long track record is a concrete, verifiable claim.
The multi-chain dimension is worth noting too. Plume products already operate across Solana and Avalanche in addition to Ethereum and the Plume chain. Each additional deployment increases the surface area for liquidity and composability, meaning these vault tokens can plug into different ecosystems’ lending markets, DEXs, and yield aggregators.
The risk profile deserves honest acknowledgment, though. Looping strategies amplify both returns and exposure. If the underlying RWA yields compress or if there’s a credit event in the receivables backing nOPAL, leveraged positions would feel the pain disproportionately. Zero defaults since late 2025 is encouraging, but the track record is still measured in months rather than full credit cycles.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Pre-market key news for US stocks: US August CPI accelerated, boosting rate hike expectations; markets now price in a ~90% chance of a Fed rate hike next week, with two more hikes fully expected by year-end. Global markets remained strong post-CPI release, with all three major US stock index futures extending gains of over 1% each. Spot gold rebounded more than $70 from its post-CPI low, breaking above $4,360/oz after hitting a trough near $4,290/oz earlier. Bitcoin dipped briefly before recovering to $78,000, while Ethereum surged past $2,500. SpaceX’s CFO revealed the firm recently secured a large AI computing power hosting deal, set to bring ~$1.1 billion in monthly incremental revenue; the company is “fully confident” of hitting its $100 billion annual recurring revenue (ARR) target by year-end. Qualcomm and Samsung Electronics’ new foundry talks hit a stalemate over price disagreements. Industry sources said Qualcomm’s application processor (AP) project using Samsung Foundry’s 2nm process is likely delayed until next year. Microsoft is turning down some AI and cloud service orders due to computing power shortages, and plans to expand its global data center capacity from ~12 gigawatts (GW) now to over 38 GW by 2032. “Big Short” protagonist Michael Burry closed out his December-expiring put options on Nvidia and Palantir, citing a desire to hold more cash to assess evolving market conditions in the fall. Nvidia CEO Jensen Huang said cybersecurity could be AI’s next major application area, as AI models accelerating automatic programming are disrupting the cybersecurity industry.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Jiang Zhuoer: Despite taking the wrong position on BTC, he still turned a profit, with total gains of around 4.3% across three trades.
Founder of BTC.TOP (B.TOP) mining pool Jiang Zhuoer posted that he booked a profit despite taking a wrong short position on Bitcoin (BTC). Using the price at 8:29:47 PM today and the current screenshot price as benchmarks, his three trades were: a full short BTC position executed between $77,226 and $78,730.74, resulting in a 1.95% loss; a full spot Ethereum (ETH) position traded between $2,467.61 and $2,609.31, generating a 5.74% gain; and a 5% spot BNC position traded between $4.81 and $5.305, yielding a 0.51% gain. The total profit from these operations was approximately 4.3%. Jiang Zhuoer also stated today that he has sold his entire BTC position at $77,226. Yesterday, he noted that following the release of the latest U.S. Producer Price Index (PPI) data, the probability of a Federal Reserve interest rate hike rose to 70%. He added that he expects tomorrow’s Consumer Price Index (CPI) data will not be favorable, so he has prepared to take a short position.
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Artificial Inu (AI) briefly approached a market capitalization of nearly $300 million, with a 38.1% gain over the past 24 hours.
According to GMGN market data, Artificial Inu (AI), a meme coin linked to crypto-stocks on the Robinhood chain, saw its market capitalization briefly approach $300 million, hitting a recent high. It is now trading at $265 million, with a 38.1% 24-hour gain and $30.2 million in trading volume. Artificial Inu is issued via Long.xyz, the issuance platform on the Robinhood chain, and is paired with Nvidia (NVDA) stock. Long.xyz has launched LongX Expansion, which supports packaging 3x leveraged NVDA positions on Lighter into ERC20 tokens, enabling minting/burning, DEX pool trading, and liquidity pairing. The platform has also explicitly stated that transaction fees will flow back to the AI token, making Artificial Inu effectively the de facto "platform token" of Long.xyz at this stage. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks. Unlike meme coins paired with USDT or ETH, these tokens are directly paired with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL), retaining meme coins' high volatility and community-driven speculative traits while anchoring the popularity and narrative of real stocks. A portion of transaction fees typically flows back to the community treasury to accumulate corresponding stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". BlockBeats reminds users that token prices are highly volatile, so investment requires caution.
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AI Stock Guru Leopold makes a comeback, entering the options market, with his core positions centered on the AI infrastructure and storage narrative.
According to CNBC, the hedge fund Situational Awareness, run by self-styled "AI stock guru" Leopold — who nearly faced liquidation this summer — appears to be staging a comeback, resuming its activity in the options market. A source familiar with the development said founder Leopold has been repurchasing options since last weekend through early this week, with underlying assets largely matching its prior "AI infrastructure/storage" investment thesis: SK Hynix, SanDisk, AMD, Bloom Energy, CoreWeave, plus the storage-themed Roundhill Memory (DRAM) ETF. The options position totals hundreds of millions of dollars. It remains unclear whether these new options purchases are backed by newly raised public market capital or leftover funds from the July sell-off. In July, the hedge fund Situational Awareness, managed by Leopold, a former OpenAI researcher nicknamed the "AI stock guru," suffered a severe setback. The fund, which once held over $45 billion in assets under management (AUM) at the start of the month, faced mounting margin pressure as AI-related stocks in storage, power and computing sectors plunged this summer. It was forced to offload nearly all its public market stock positions at a discount to Citadel Securities, cutting its total size to roughly $10 billion, while retaining private positions — particularly its stake in Anthropic.
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Bonk Guy: PONS and USELESS will both surpass a $1 billion market cap this cycle.
Well-known trader Bonk Guy stated in his prediction that PON will become the first utility token to reach a $1 billion market cap in this cycle, while USELESS will be the first meme coin to hit that milestone in the same period. GMGN data shows PON currently has a market cap of $650 million, having previously peaked at $990 million. USELESS reached a cycle high of $330 million, and now stands at a $250 million market cap. BlockBeats reminds users that token prices are highly volatile, so investment should be approached with caution.
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INDEX and COOPERATIVE have been added to Robinhood’s tradable assets.
INDEX and COOPERATIVE have been added to Robinhood’s tradable assets, allowing users to trade them directly via the Robinhood App. INDEX (The Index) is an RWA protocol token built on Robinhood Chain. After users hold a certain amount of INDEX, the protocol uses 3% of generated transaction fees to purchase a basket of tokenized U.S. stocks (including AAPL, NVDA, TSLA, etc.), which are automatically airdropped to holders’ wallets every 15 minutes—no staking or manual claiming required.
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Robinhood Chain ecosystem token INDEX sees short-term rally, market cap surges past $45 million.
According to GMGN data, the Robinhood Chain ecosystem token INDEX has seen a short-term rally, pushing its market capitalization above $45 million, with a 24-hour gain of 17.8% and trading volume of $5.5 million over the same period. INDEX has been added to Robinhood’s tradable assets, allowing users to trade directly via the Robinhood App. INDEX (The Index) is an RWA protocol token on Robinhood Chain. After holding a certain amount, the protocol uses 3% of transaction fees to purchase a basket of tokenized U.S. equities (such as AAPL, NVDA, TSLA, etc.), which are automatically airdropped to holders’ wallets every 15 minutes—no staking or manual claiming is required. BlockBeats reminds users that such tokens are highly volatile, so investment should be approached with caution.
ETH has soared hard, hitting its highest level since January.
The cryptocurrency market is on the move again on Friday, but this time in the right direction. Just an hour or so after the US CPI data came out, which initially pushed all assets south, BTC has exploded out of the gate, surging to almost $80,000.
Ethereum has stolen the show, posting a massive 8% surge on a daily scale (and over 5% in the last hour alone). Just minutes ago, ETH topped $2,660 for the first time since late January, before it was stopped and pushed south slightly.
ETHUSD September 11. Source: TradingView A lot can change in the cryptocurrency markets very quickly, sometimes in just an hour or so. Recall that less than two hours ago, the overall market structure was quite bearish, with experts anticipating the last nail in the Fed’s rate coffin – the US CPI data.
BTC and the entire crypto market were already feeling the pressure, and once the numbers were released, which actually matched expectations almost perfectly, bitcoin slipped from over $77,000 to a weekly low of $76,000.
That’s where the landscape changed, and the primary digital asset rebounded swiftly. It first climbed to its starting point before it jumped to $78,000 and then to almost $79,000 minutes ago, bringing the rest of the market with it. ETH, as mentioned above, is among the biggest beneficiaries.
Naturally, such rapid and intense market moves led to a sharp uptick in the value of wrecked positions. Data from CoinGlass over the past hour alone shows that over $250 million in shorts were liquidated, and over half of that amount was in ETH.
On a daily scale, the total value of wiped-out positions is up to $660 million. Nearly 100,000 traders have been wrecked.
You may also like: Bitcoin Price Reacts to August US CPI Data: Here’s What Happened ‘We Will Not Pay’: Blockstream Rejects 10% Bounty Demand From Liquid Hackers Bitcoin Drops Below $77K After the First Inflation Report of the Week Liquidation Data on CoinGlass Tags:
11 September 2026 | 17:18 Crypto markets climbed after August CPI matched headline forecasts and annual core inflation eased, sending Bitcoin back above $79,000 despite a firmer monthly core reading.
Key Takeaways CMC20 rose 3% between the snapshots. Bitcoin reclaimed $79,000 after the release. Ethereum rose 5%, leading large caps. Fed-hike odds rose after core CPI. A priced-in hike differs from further tightening. Side-by-side crypto market comparison. Bitcoin Returned Above $79,000 as Gains Broadened Two CoinMarketCap snapshots, taken when the CPI report was released and nearly 2 hours later, show a recovery across major assets – Bitcoin traded at $77,870 and Ethereum changed hands near $2,500.
CMC20
At release: $160
Later: $165
+3%
Bitcoin
At release: $77,800
Later: $79,330
+2%
Ethereum
At release: $2,500
Later: $2,630
+5%
Why Crypto Rallied Despite Firmer Core CPI According to the U.S. Bureau of Labor Statistics, headline CPI rose 0.4% in August and annual inflation held at 3.4%, both matching expectations. Annual core inflation also came in at the expected 2.4%, down from 2.5% in July. Coindoo’s CPI report explains the result and its broader Fed implications.
Monthly core CPI was firmer, rising 0.3% instead of the 0.2% economists expected. But the report avoided an above-consensus headline CPI or annual core CPI result that could have pushed expectations toward further tightening after September. The reaction in Treasury yields and the dollar showed why that distinction mattered to crypto traders.
Higher Hike Odds Did Not Stop the Crypto Rally The CME FedWatch Tool put the probability of a 25-basis-point increase at the September 16 meeting at 85% at the time of writing, leaving a 15% chance of no change. The repricing had already started before CPI: hike odds stood at 72% a day earlier, 59% one week earlier and 48% one month earlier. Reuters reported that the two-year Treasury yield rose 4.4 basis points after the release.
CME FedWatch rate-hike probabilities after CPI. The apparent contradiction is the article’s main point. The hike became more likely, but the initial reaction did not signal expectations for a materially more restrictive path after it: the dollar was broadly flat and the 10-year Treasury yield fell after its first move higher. That gave risk assets room to rise even as the short end of the Treasury curve priced a greater chance of a September increase.
Altcoins Outpaced Bitcoin as the Rally Broadened Ethereum’s 5% rise outpaced Bitcoin’s 2% gain, while XRP, Solana and Zcash also moved higher. That breadth suggests traders were willing to add risk after CPI instead of only moving into Bitcoin.
Hyperliquid’s HYPE token rose 2%, from $81.5 to $83.3, keeping it above the $77-$79 support area highlighted before CPI in Coindoo’s HYPE price analysis. Its rebound fits the broader macro move, while its token-specific breakout case still depends on reclaiming higher resistance.
What Would Challenge the CPI Rally? Markets now see a September hike as likely, though not certain. The larger risk for crypto is a renewed rise in Treasury yields and the dollar that signals investors are pricing further tightening after it. Bitcoin holding above $79,000 while those indicators stabilize would support the initial CPI reaction; a renewed rise in both would challenge it.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Ethereum (ETH), the world’s second-largest blockchain by market capitalization, is now testing a pivotal technical resistance as buyers continue to defend its longstanding accumulation pattern. Crypto analyst Crypto Patel noted that ETH is now retesting a multi-year barrier for the third time while maintaining critical support levels.
Trading volume and resistance testSuccessive attempts to break through significant resistance zones often draw increased attention from traders and investors, especially when buy-side activity persists. Technical observers believe Ethereum’s ability to uphold its accumulation range signals a resilient undercurrent of demand, despite periodic rejections at higher levels.
Crypto Patel suggested that if Ethereum manages a clear breakout above this resistance, it could trigger a substantial move to the upside. The analyst projected initial targets at $5,000, with further upside to $10,000 and as high as $15,000 if momentum is maintained.
If Ethereum confirms a breakout, the move could reshape its market structure and potentially ignite broader bullish sentiment across the cryptocurrency sector.
Recent market data points to escalating activity around Ethereum as it nears the key resistance. Figures from analytics provider CoinGlass show ETH’s 24-hour trading volume surged 12.44% to $42.88 billion, suggesting growing participation from both traders and investors.
Rising volumes near major price barriers are generally viewed as constructive, as breakouts supported by strong market activity often attract greater conviction and follow-through buying.
At the same time, open interest on Ethereum derivatives has remained steady at approximately $33.44 billion, even as trading activity has increased. Analysts interpret this as a sign that market participants are growing without a significant rise in leveraged risk.
MetricCurrent ValueRecent Change24h Trading Volume$42.88 billion+12.44%Open Interest$33.44 billionStableInstitutional accumulation intensifiesInstitutional interest in Ethereum also appears to be strengthening. Blockchain analytics platform Arkham highlighted that BlackRock’s ETHB, an Ethereum-based exchange-traded fund, acquired $13.9 million worth of ETH in the latest trading session. Conversely, funds ETHA and FETH recorded net outflows during the same period.
Over the past 20 trading days, ETHB reportedly purchased $251.4 million in Ethereum and did not register any daily outflows. This consistent inflow comes as ETH faces another critical technical inflection point. Market participants often view ongoing institutional accumulation as a potential foundation for price support as technical pressures mount.
Despite this, analysts note that fund flows can fluctuate rapidly, so sustained buying is necessary before confirming a clear institutional trend.
Mini dictionary: Arkham is a blockchain analytics company specializing in tracking asset flows and on-chain activity for transparency across major cryptocurrencies.
Network upgrade and future outlookBeyond technicals and flows, Ethereum’s longer-term fundamentals are drawing attention due to upcoming protocol enhancements. Data referenced by research group Coin Bureau spotlights EIP-8141, a proposal that could allow users to pay network gas fees using stablecoins instead of ETH. This feature would enable applications or wallets to cover transaction fees and charge users in stablecoins, allowing funds to be sent without needing to hold Ether directly.
The proposed update would also introduce Frame Transactions, designed to bundle approvals and swaps into a single operation, and offer advanced security options to protect against future threats, including quantum computing risks. The rollout of these features is scheduled for Ethereum’s Hegotá upgrade, targeted for 2027.
Ethereum now stands at a crossroads, where technical resistance, increased participation, institutional purchasing, and major network updates all intersect. Whether ETH will achieve a breakout from its multiyear resistance area remains a central question for the market. Crypto Patel believes a confirmed breakout could see the price reach $5,000, with further potential to $10,000 and $15,000, contingent on ongoing demand and network progress.
The convergence of resistance testing, trading activity, institutional flows, and network innovation may shape Ethereum’s next decisive move.
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH) Ethereum fell 3% this week as the price curved down once it touched $2,500. The current support is found at $2,400 and may soon be tested, considering that momentum has turned somewhat bearish and a pullback is ongoing.
As long as the price can hold above $2,400, ETH has a good chance to make higher highs. However, any weakness at this key level could put sellers back in charge as they seek to send this cryptocurrency lower.
Looking ahead, Ethereum has to consolidate around existing levels if it wants to maintain its rally. The challenge is that buy volume is declining, and bulls are showing signs of exhaustion. This makes a deeper correction more likely if nothing changes.
Source: TradingView Ripple (XRP) XRP had a bad week after the price crashed 9%. This follows sellers rejecting a breakout at the $1.6 resistance. With bulls on the defensive, they have retreated at the $1.3 support level.
A test of the key support appears imminent based on the current price action. If it holds, then this cryptocurrency can book a higher low and encourage buyers to return for another go at $1.6.
Looking ahead, XRP is at a key turning point. The $1.3 level can make or break the momentum that drove the price up 60% in less than a week in late August.
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If nothing changes, then Cardano will have no other choice but to fall below $0.20 and maybe even re-test the key support at $0.15. While a consolidation period would be normal, it could give sellers a chance to return in force.
Looking ahead, ADA needs to find renewed interest from buyers if it wants to escape its current range between $0.23 and $0.15. Anything less would see bears take control again.
Source: TradingView Binance Coin (BNB) Binance Coin dropped a modest 2% this week after sellers reversed the price action around $780. Since then, BNB has been pulling back, and a test of support at $690 appears likely in the coming days.
Ideally, this cryptocurrency will hold above $690 if buyers want to maintain their advantage and momentum. Any price below this key level will see it turn into a resistance, which could push BNB much lower.
Looking ahead, even if the ongoing pullback turns into a more significant correction, this cryptocurrency will remain bullish as long as it can secure a higher low. That includes any price above $580, which is the next key support level.
Source: TradingView Hype (HYPE) Hyperliquid made a new record price at almost $90 last week. However, this week, the price pulled back and closed 10% lower. This is unfortunate, and if the current weekly bearish engulfing candle remains as it is, that will be a bad signal for the market.
Taken together, this suggests a bearish bias, at least in the short term, with key support at $76 and $70. Even so, as long as the price can stay above $70, the overall uptrend channel will remain intact.
Looking ahead, HYPE has continued to impress in 2026 despite any volatility, with consistently higher highs. A test of the $100 psychological level seems likely before any significant selling returns.
The crypto market is rallying sharply despite interest rate hike expectations, with Bitcoin topping $79,000 and DeFi sector tokens leading gains in the altcoin market.
