#以太坊
Ethereum surged 5.2% in a single day! ETF inflows and supply tightening sparked the rally 🔥
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After Bitcoin led the way, Ethereum took over the baton

On September 3, it directly climbed to $2,511

Up 5.2% in a single day

This rally is backed by real money

Spot Ethereum ETFs had seen 12 consecutive days of net inflows

In July alone, they جذب $365 million

That was the best-performing month of the year

The supply side is telling its own story too

On-chain upgrades keep coming one after another

Fusaka has already gone live

Glamsterdam is still on the way

Even celebrity effect has joined in

Arthur Hayes' latest call

Said ETH could reach $10,000 by the end of the year

What's the reason?

A weaker yen and the Fed expanding its balance sheet

He also bought 1,337 ETH in early August to re-enter the market

Of course, there are also skeptics pouring cold water on it

Right now, the price is still far from the all-time high of $4,946

There's still half the road to go

📌 ETH +5.2% in a single day back to $2,511: ETF inflows + supply narrative gave it a double boost, but it's still only halfway to the previous peak, so let's watch it slowly