ETH (Ethereum) increased by 1.68% in the past 24 hours

Gate News Bot Message, January 22nd, according to CoinMarketCap data, as of press time, ETH (Ethereum) is trading at $3015.16, up 1.68% in the past 24 hours, with a high of $3382.45 and a low of $2867.26. The 24-hour trading volume reached $35.048 billion. The current market capitalization is approximately $363.913 billion, an increase of $6.011 billion from yesterday.

Recent Important News about ETH:

1️⃣ Institutional Continuous Accumulation Supports Bottom Multiple institutions and leading funds have increased their positions against the trend during price corrections, forming strong buying support. Machi injected $419,700 with 25x leverage into HyperLiquid to open ETH long positions, expanding holdings to $10 million; whale 0xfb7 increased ETH holdings by 10,000 tokens from WinterMute and transferred $58.13 million to FalconX, with total holdings reaching 60,098 ETH; strategic counterparties increased their ETH holdings by 15,468 (about $45 million) during market downturns, with total positions surpassing $400 million; band whale nemorino.eth bought back all 3,000 WETH sold yesterday near $2,991. These institutional-level accumulation behaviors indicate strong confidence in ETH’s medium-term prospects, effectively supporting a price rebound.

2️⃣ Implied Volatility in Options Market Hits Extremely Low Levels, Hedging Demand Rises ETH implied volatility (IV) has fallen to the lowest 1.1% percentile in the past year, and the 25-Delta Skew over the past week has turned significantly negative, especially in short-term (7D/30D) options, indicating funds are actively buying puts for short-term downside hedging. In block trades, about 5,000 ETH were traded in wide-strike call/put strategies (buy 2800-P & 3200-C). This Friday, approximately $2.1 billion in BTC and ETH options will settle, and the extremely low volatility and rising hedging demand in the options market suggest a potential volatility expansion, providing risk management considerations for future market movements.

3️⃣ US Spot ETF Net Outflows Hedge Institutional Strategic Allocation The US Ethereum spot ETF experienced a net outflow of 61,706 ETH during the reporting period, while FG Nexus (a Nasdaq-listed Ethereum treasury company) held 37,594 ETH and continued share repurchases (total value over $32 million), reflecting asset allocation adjustments at different levels by institutions. Top asset managers like BlackRock emphasized Ethereum’s central role in asset tokenization in their 2026 thematic outlook, listing it as a key driver of market trends. This strategic recognition provides institutional backing for ETH’s long-term value.

4️⃣ Leverage Liquidation Pressure and Long-Short Balance Over the past 24 hours, the entire network experienced liquidations totaling $1.005 billion, including $245 million in ETH long positions and $120 million in shorts. At current price levels, if ETH drops below $2,855, the liquidation of longs on major exchanges could reach $900 million; conversely, if it breaks above $3,151, the liquidation of shorts could reach $669 million. The clear distribution of liquidations shows a relatively balanced long-short confrontation around the $3,000 level, and the presence of high leverage positions increases market volatility sensitivity.

This message is not investment advice; please be aware of market risks.