Can Ethereum Reclaim $1,600 as Institutional Accumulation Battles Macro Headwinds?
Despite crashing 25% in June amid a corporate restructuring, Ethereum (ETH) is showing signs of a tentative bottom near $1,590. Sizable whale accumulation and a $62.4 million treasury purchase by SharpLink Gaming are battling macro ETF outflows and a delay to the Glamsterdam upgrade.