Ethereum Breaks Record High, Driven by Massive Outflows and Institutional Interest

Ethereum has surged past its all-time high (ATH), exceeding $4,783.77, as buyers drive prices upward. A recent surge in daily Ethereum net outflows, a sign of large-scale trading activity from exchanges, is contributing to this trend. Market observers attribute this momentum to both expanding decentralized finance (DeFi) applications and increased institutional investment.