Main surge in ETH value: Ethereum’s transaction volume soared beyond expectations, marking a 300% increase to 17.15 billion USD. this growth was driven by large transactions exceeding 100,000 USD undertaken by ‘whales’. such activity usually indicates stronger market demand and positive sentiment.
ETH ETFs see significant inflows: on december 6, Ethereum exchange-traded funds reported net inflows totaling 433.15 million USD, equivalent to 108,045 ETH. these figures underline growing interest and confidence in Ethereum’s market potential, aligning with its price surge past 4,000 USD during recent market uptrends.