Ethereum Price Stabilizes Near Recent High

Ethereum (ETH) is trading at $2,735, down 0.61% over the past 24 hours.

This marginal decline comes after a week of growth, with ETH reclaiming territory it hadn't touched since October and gaining 15%. US spot ETH ETFs saw inflows of roughly $270 million on Monday, the largest single-day amount since October, adding to a two-day streak worth $413.8 million that erased prior outflows.

BitMine Immersion, a treasury firm, added 12,500 ETH to its stack, building on last week's 27,562 ETH purchase and increasing total holdings to 5.983 million ETH, valued at $16.5 billion at time of writing.