Ethereum surges nearly 30% in a week as spot ETF inflows return and short liquidations accelerate
first published 2026-08-22T22:48:35Z
Ethereum climbed 29.8% over the past week, briefly reaching $2,546.78 before easing to around $2,435. The move was supported by renewed spot ETF inflows, rising short liquidations, and shrinking exchange-held supply, with traders now watching the $2,400-$2,450 support zone and whether momentum can continue higher.
AI Analysis
The summary says ETH rose sharply, spot ETF inflows returned, shorts were liquidated, and exchange-held supply kept shrinking. These are concrete market-moving factors that can affect near-term trading decisions.
Expected Investor Sentiment: Bullish
Potential Market Impact: Significant
