ETH (Ethereum) decreased by 1.83% in the past 24 hours

Gate News Bot Message, January 15th, according to CoinMarketCap data, as of press time, ETH (Ethereum) is trading at $3,283.37, down 1.83% in the past 24 hours, with a high of $3,397.90 and a low of $3,052.51. The 24-hour trading volume reached $32.347 billion. The current market capitalization is approximately $396.285 billion, a decrease of $7.379 billion from yesterday.

Ethereum is a decentralized open-source blockchain network and software development platform driven by the cryptocurrency Ether (ETH). Ethereum is the next-generation unstoppable global application platform, open to everyone, permissionless, built and maintained by thousands of people, organizations, and users worldwide.

Ether (ETH) is the native cryptocurrency that powers the Ethereum network, used to pay transaction fees and secure the blockchain through staking. Beyond its technical role, ETH is an open, programmable digital currency used for global payments, collateral for loans, and a store of value independent of any central entity.

As a leading platform for issuing, managing, and settling digital assets, Ethereum provides a secure and neutral foundation for the digital economy, from tokenized currencies and financial instruments to real-world assets and emerging markets. Currently, the total value locked in DeFi is $14.55 billion, with Ethereum protecting $11.11 billion. The average transaction cost is only $0.0013, and 13.4 million transactions were processed in the past 24 hours.

Recent Important ETH News:

1️⃣ Staking demand hits record high, network long-term capacity continues to strengthen
Ethereum staking has surpassed 35.9 million ETH, accounting for approximately 29.61% of the total supply. Meanwhile, validator exit queues contain only 160 ETH, with over 2.47 million ETH waiting to be activated, with an activation delay of about 43 days. This indicates that current stakers are under low selling pressure, and new staking demand remains strong. Institutional staking is also expanding, with Bitmine adding 154,304 ETH, worth about $5.2 billion, bringing total staked ETH to 1,685,088, valued at $5.65 billion. The continuous growth in staking scale reflects market confidence in Ethereum’s long-term prospects and provides stable security for the network.

2️⃣ Large funds continue to increase holdings, swing traders lock in profits
Several large addresses have recently shown clear bullish signals. A whale invested approximately $39.98 million to increase holdings by 12,000 ETH within two hours, further strengthening its ETH position of over $270 million. Another strategic counterparty increased its ETH long position to 45,124 ETH, with a total long position worth $471 million. Meanwhile, swing traders are taking profits, with the “pension-usdt.eth” whale closing two positions, realizing profits of $740,000 and $4.728 million respectively, with total profits exceeding $28 million. The combined activity of large funds and swing traders indicates a relatively balanced bullish and bearish force around the $3,280 level.

3️⃣ On-chain activity reaches new highs, transaction costs drop significantly
New wallet creation on Ethereum averages 327,000 per day, setting a new record, with the peak nearly 394,000 in a single day. Active addresses exceed 791,000, a 71% increase compared to a year ago. Average transaction fees have fallen to $0.15, down 98.6% from $11 a year ago. This improvement is directly attributed to the Fusaka upgrade optimizing data costs and the Pectra upgrade expanding Blob capacity. In Q4, the Ethereum network’s stablecoin settlement volume approached $8 trillion, a new high. Daily transaction count is 2.1 million, with approximately 8.7 million new smart contracts deployed. The dual improvement in network activity and usage costs is significantly enhancing Ethereum’s practical usability as a global settlement layer, laying a solid foundation for long-term price performance.

4️⃣ Institutional capital allocation demand rebounds, ETF inflows remain strong
The US spot Ethereum ETF recorded a net inflow of 54,952 ETH in a single day, equivalent to about $181 million. Although the seven-day net flow remains a net outflow of 47,684 ETH, the daily inflow indicates that institutional investors are restarting allocations. Meanwhile, macro policy expectations are positive, with the US Consumer Price Index continuing to decline, and the Senate advancing legislation on the cryptocurrency market structure, all improving institutional confidence. Major mining company Canaan Creative holds a total of 1,750 BTC and 3,951 ETH in 2025, reflecting industry capital’s optimistic outlook on ETH.

This message is not investment advice. Please be aware of market volatility risks.