$ETH
$3,000 mark as of December 1, 2025. The market is cautious ahead of upcoming remarks from the Federal Reserve. Despite the recent turbulence, institutional interest in Ethereum appears to be growing, as indicated by recent ETF inflows.
Key updates regarding ETH include:
Price Movement: ETH's price has been hovering around the $3,000 mark, with some fluctuations. Prices on different exchanges vary slightly, with Forbes reporting an average price of around $3,030 to $3,035.
Institutional Inflows: After eight consecutive days of outflows, US spot Ethereum ETFs have returned to net inflows for four straight days, including a notable $60 million inflow on Wednesday. This suggests a cautious return of institutional demand.
Market Concentration: Data from Glassnode indicates that the top 1% of addresses now hold 97.6% of the Ethereum supply, up from 96.1% a year ago.
Network Upgrades: The network's next major scalability upgrade, Fusaka, is scheduled for mainnet activation on December 3. This upgrade is designed to improve scalability and lay the groundwork for future throughput increases. Additionally, the network's gas cap has been increased to 60 million, a 2x increase within the past year.
Staking Withdrawals: Around 1.5 million ETH are expected to be withdrawn from staking by the end of December, driven by factors such as institutional rebalancing and market volatility.
Macroeconomic Factors: Uncertainties surrounding the macroeconomic outlook and the Federal Reserve's next policy steps are influencing cautious investor sentiment.
Recent Transfers: BlockBeats reports BlackRock recently acquiring 16,629 ETH worth $50.64 million from a centralized exchange. Another newly created wallet received over 20,000 ETH from BitGo. $BTC
