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Ethereum Selloff: Institutional Buying Boosts Demand Amid Ongoing Selling Pressure

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Ethereum's price has been under pressure lately, trading at $2,436.82 and down 2.56% for the session.

This persistent selling pressure is evident as ETH remains below its key near-term averages.

Notable institutional activity has occurred in recent days, with BlackRock accumulating 385,633 ETH worth $961 million over eight days through spot ETF inflows, which contributed to a total of $1.18 billion in net inflows for US spot ETH ETFs.

This development signals substantial institutional entry into Ethereum, despite ongoing selling pressure and decreased supply on exchanges, with reserves falling 18% since early June 2026.

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