Ethereum (ETH) Price: ETH Up 41% From Lows — And Whales Are Still Buying
CoinCentral·60-word summary·1 min read
Ethereum's price has increased 41% from recent lows, with whales actively buying. A whale opened a $90.8 million 20x leveraged long, and another invested $61 million at $2,303. HyperLiquid ETH ETFs saw seven days of net inflows totaling $426 million. Mine bought 101,627 ETH last week, raising holdings to nearly 5 million ETH.
Ripple transferred 75 million XRP, valued at $108 million, to Coinbase amid rising spot ETF inflows. The move raises questions about whether Ripple is divesting its "North Star" or using the funds for liquidity in its On-Demand Liquidity (ODL) corridors. The transfer occurred in April 2026, highlighting ongoing strategic shifts within Ripple’s operations.
U.S. spot Ethereum ETFs extended their inflow streak to nine days, surpassing $12 billion in total net inflows. On April 20, 2026, these ETFs recorded $67.77 million in net inflows, reflecting sustained institutional demand despite recent market volatility. The consistent inflows highlight ongoing investor interest in Ethereum exposure through ETFs.
XRP ETFs saw $55.39 million inflows in April 2026, their best week of the year, with consistent positive flow. BlockchainFX’s presale raised over $14.29 million with 23,500+ participants, nearing its close. These trends highlight growing institutional interest and retail participation in crypto assets, signaling a bullish phase for digital assets.
A European consortium led by Qivalis, involving 12 banks, partners with Fireblocks to develop a MiCA-compliant euro stablecoin, aiming for launch in late 2026. The project seeks to create a regulated, secure digital euro, aligning with EU's new crypto regulations. This initiative highlights Europe's push for stablecoin regulation and digital currency adoption.
U.S. Bitcoin spot ETFs saw $238 million inflows on April 20, extending a five-day streak. BlackRock’s iShares Bitcoin Trust led inflows, with total net inflows reaching nearly $58 billion since April 14. The steady demand indicates strong institutional interest despite recent market volatility, supporting Bitcoin’s price stability and ETF growth.
Senator Thom Tillis has urged Senate Banking Chair Tim Scott to delay the markup of the CLARITY Act until May, citing disagreements over stablecoin yield and rewards. Banking groups are concerned that stablecoin yields could divert deposits from traditional banks. The delay aims to address these issues before advancing the legislation, which is part of ongoing efforts to regulate crypto markets.