- Over the past 24 hours, ETH saw a strong surge in liquidity inflows, with investors from multiple chains actively accumulating the asset.
- A potential new week rally for ETH hinges on institutional investors purchasing the asset through spot ETFs.
Ethereum [ETH] underperformed over the last 24 hours, dropping 2%, at press time, amid a broader market crash.
However, liquidity is still flowing into the asset, with over a quarter of a billion dollars spent by large investors.
This shift suggests that ETH could see a strong start to the week. AMBCrypto analyzed what this capital rotation might mean for the second-largest cryptocurrency.
What are whales up to?
Bridged Netflow data reveals that Ethereum attracted the highest cross-chain liquidity inflows over the past 24 hours.
Investors purchased $274 million worth of ETH, with Layer 2 networks like Base and Arbitrum contributing the largest share of buying activity.
Source: Artemis
Ethereum’s stablecoin supply rose by $29.7 million over the same period—the second-largest increase recorded.
This weekend spike in Bridged Netflow suggests investors are positioning ahead of Monday’s market open, likely anticipating institutional activity.
The uptick in stablecoin deposits also reflects rising user activity and reinforces growing bullish sentiment on the Ethereum network.
Source: Artemis
AMBCrypto examined how previous bullish Monday opens in Ethereum spot ETFs impacted price action and whether a similar outcome could occur this time.
ETH faces setback against Bitcoin and S&P
The key question is whether ETH remains a more attractive investment compared to other asset classes.
Compared to Bitcoin and the S&P 500, ETH has significantly underperformed, which could make it less appealing to some investors.
Source: Artemis
Year-to-date performance shows ETH has declined by 35%, while Bitcoin has risen 58.1% and the S&P 500 has gained 10.4%.
With Bitcoin and the S&P outperforming ETH, investors may shift their capital elsewhere, especially with Bitcoin increasingly seen as a store of value.
