Binance Data Shows Ethereum Consolidation Amid Strong ETF Inflows

Despite Ethereum's recent price slump, institutional demand remains robust as spot ethereum ETFs continue to attract significant inflows. Binance and CoinGecko data reveal ETH trading in a tight range between $2,478 and $2,555, indicating a period of consolidation. However, the market's muted price action contrasts sharply with strong institutional interest, with Ethereum ETFs recording $92 million in inflows on July 4 alone, following $148 million the previous day. BlackRock's iShares Ethereum Trust leads the charge, underscoring growing confidence in Ethereum's long-term potential among major financial players. This divergence between price performance and institutional accumulation suggests underlying strength in the Ethereum ecosystem, even as retail traders remain cautious. The sustained ETF inflows could set the stage for a potential breakout once market sentiment shifts, with Binance serving as a key liquidity hub during this consolidation phase.

Ethereum ETF Inflows Defy Price Slump as Institutional Demand Persists

Ethereum's price action has turned lackluster after its recent rally, with a 1-2% dip across major exchanges. Binance and CoinGecko data show the altcoin trapped in a tight $2,478-$2,555 range, signaling consolidation. Yet institutional players appear unfazed—spot Ethereum ETFs recorded $92 million in fresh inflows on July 4, building on $148 million the previous day.

BlackRock's iShares Ethereum Trust dominates the flows, absorbing 32,987 ETH ($83 million) in a single day. Its war chest now holds 1.81 million ETH worth $4.57 billion, suggesting Wall Street's conviction outweighs retail traders' hesitation. The ETF saw only one outflow day last week—a negligible $1.82 million blip amid four days of robust accumulation.

WIF Holds Key Support Amid Whale Accumulation and Market Volatility

Dogwifhat (WIF) is consolidating around $0.8319 after a 1.17% dip, with critical support confirmed NEAR $0.835 on significant trading volume. The token's price action has formed a 5.1% range between $0.821 and $0.864, reflecting ongoing volatility in the memecoin sector.

Whale wallets have accumulated over 39 million WIF tokens, signaling strong institutional interest as capital rotates across Solana-based assets. This trend follows BONK's recent surge on ETF speculation, while WIF retests key technical levels with declining volume and reduced short liquidations.

Macro conditions have stabilized slightly following the passage of President Trump's economic bill and better-than-expected U.S. jobs data. Despite broader crypto market headwinds, WIF's on-chain fundamentals remain constructive, with derivatives markets showing robust activity - Binance alone has processed $650 trillion in BTC futures volume.