Ethereum (ETH) Price: Institutions Double Down While Retail Investors Sell

TLDR

Ethereum (ETH) trades at $2,492, down 1.1% in 24 hours during consolidation phase Institutional interest remains strong with $281 million flowing into Ethereum ETFs last week Trading volume jumped 25% to $11.42 billion while derivatives volume rose 21.9% Bulls target $2,700 if support holds, bears eye $2,300-$2,250 zone if $2,430 fails Total ETH staked exceeds 32.8 million tokens, locking up over $100 billion in value

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Ethereum trades at $2,492 as of Monday morning, showing a 1.1% decline over the past 24 hours. The world’s second-largest cryptocurrency sits near the lower end of its recent trading range.

Ethereum (ETH) Price

Despite the short-term price pressure, market activity shows increased investor interest. Trading volume has climbed more than 25% to reach $11.42 billion in the last day.

Derivatives trading also picked up steam with volume rising 21.9% to $37.36 billion. However, open interest dropped 1%, suggesting some traders are stepping back while others position for potential volatility.

Source: Coinglass

The current price decline follows political instability that triggered selling pressure. Exchanges recorded net inflows of 117,000 ETH, marking the second-highest amount since April.

This selling wave resulted in over $600 million in realized gains over two days. Most of the sold coins had been held for periods ranging from 90 days to two years.

Institutional Investment Accelerates

Institutional adoption continues to grow despite retail selling pressure. Spot Ethereum ETFs have recorded inflows for four consecutive weeks.

Last week alone saw $281 million flow into these investment vehicles. The funds now hold nearly $9.6 billion in total net assets.

Corporate investment activity extends beyond passive ETF holdings. Nasdaq-listed SharpLink Gaming raised $425 million on June 2 to accumulate ETH for its treasury.

Ethereum infrastructure company ConsenSys led the funding round. ConsenSys co-founder Joseph Lubin also joined SharpLink’s board of directors.

U.K.-based Abraxas Capital expanded its ETH holdings in May. The firm now holds more than $800 million worth of Ethereum tokens.

A regulatory shift now allows U.S. institutions to stake Ethereum. This change could unlock billions of dollars in new capital flows to the network.

Staking Activity Shows Growing Lock-Up

The staking landscape reflects this institutional interest. ETH deposits on Lido increased 5% last week to reach 9.5 million tokens.

Total network staking has surpassed 32.8 million ETH. This represents over $100 billion in locked value, which tightens the liquid supply available for trading.

ETHEREUM STAKING JUST HIT ALL-TIME HIGHS

Over 32.8 million $ETH now staked.
That’s $100B+ locked. Gone from circulation.

And no one is talking about it.

While the herd chases memecoins, smart money stacks and locks Ethereum.

Don’t sleep through the quiet accumulation. pic.twitter.com/H3ZBrriHaE

— Merlijn The Trader (@MerlijnTrader) June 7, 2025

Industry giants BlackRock and JPMorgan are building infrastructure on Ethereum. Their involvement represents a vote of confidence in the platform’s long-term prospects.

Technical indicators present a mixed picture for Ethereum’s price direction. The Relative Strength Index sits at 51, indicating neutral market sentiment.

Source: TradingView

The Moving Average Convergence Divergence shows weak bearish signals. The Stochastic RSI approaches oversold territory, which could signal a potential reversal.

Short-term moving averages have turned bearish, creating downward pressure on price. However, the 50-day, 100-day, and 200-day moving averages remain bullish for the longer term.

Ethereum currently trades near the lower end of its recent range between $2,419 and $2,666. The $2,392 level provides strong on-chain support, representing the average price paid by Binance users.

Bulls are targeting a move above $2,560, which could lead to testing $2,700 resistance. A break above $2,700 might open the path to $2,850, the top of the recent trading range.

Bears could regain control if Ethereum fails to hold $2,430 support. A daily close below this level might trigger a retest of the $2,300-$2,250 zone where Binance users would face losses.

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