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Ethereum (ETH) Price: Golden Cross Forms and $697M Floods In — Is $3,000 Next?

CoinCentral·August 24, 2026·1 min read
Ethereum (ETH) Price: Golden Cross Forms and $697M Floods In — Is $3,000 Next?

Ethereum climbed to its highest level since January, forming a golden cross on the daily chart. US spot Ethereum ETFs pulled in $697 million last week, reversing prior outflows. The staking ratio jumped to 35%, with 42.3 million ETH tokens now staked. Short liquidations totaled $1.69 billion over three days.

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