Ether Stalls at $2,400 Despite Surging Corporate Treasury Adoption—What’s Holding It Back?

Ethereum’s native token can’t seem to catch a break—even as blue-chip companies quietly stack ETH like digital Scrooge McDucks. Here’s why price action’s stuck in neutral.

The corporate accumulation paradox

On-chain data shows Fortune 500 treasuries loading up on ETH, yet the asset lingers below $2,400. Classic crypto: fundamentals and price diverge like estranged Wall Street siblings.

Liquidity vampires strike again

Market makers are extracting value through perpetual swaps and options flows—siphoning momentum from spot markets. The OGs know this dance: paper derivatives suppress prices until they don’t.

Regulatory shadow boxing

SEC Chair’s latest ‘come hither’ looks at ETH ETFs aren’t fooling anyone. Institutions want clarity, not another round of bureaucratic maybe-dates—meanwhile, traders price in more delay tactics.

Bottom line? When corporate balance sheets and retail FOMO align, ETH rockets. Until then, enjoy the discount—and Wall Street’s ‘carefully calibrated’ accumulation strategy. How…convenient.