Gate News Bot Message, January 8th, according to CoinMarketCap data, as of press time, ETH (Ethereum) is trading at $3,161.89, down 3.38% in the past 24 hours, with a high of $3,303.56 and a low of $2,989.90. The current market capitalization is approximately $381.624 billion, ranking second.
Ethereum is a decentralized open-source blockchain network and software development platform powered by the cryptocurrency Ether (ETH). Ethereum is the secure, global foundation for the next generation of unstoppable applications. The network is 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, as collateral for loans, and as a store of value independent of any central entity.
Ethereum is a leading platform for issuing, managing, and settling digital assets, providing a secure, neutral foundation for a wide range of applications, from tokenized funds and financial instruments to real-world assets. The platform ecosystem covers decentralized finance, NFTs, gaming, privacy applications, and more, making it the largest and most vibrant developer ecosystem in Web3.
Recent Important News about ETH:
1️⃣ Institutional Investors Continue to Support Long-Term Outlook
BlackRock has accumulated Ethereum over the past three days, with a total purchase of 46,851 ETH, worth $149 million. Morgan Stanley has also submitted an Ethereum ETF application to regulators. Meanwhile, US-listed company BTCS Inc. has increased its Ethereum holdings to over 70,000 ETH by the end of 2025. Bit Digital holds 155,227.3 ETH, with a market value of approximately $460.5 million, and has staked 138,263 ETH. The continued involvement of these institutions reflects confidence in Ethereum’s medium- to long-term value.
2️⃣ Accelerated Infrastructure Development
The second BPO hard fork of Ethereum has increased the blob limit to 21, enhancing network scalability and reducing costs. BitMine has restaked 19,200 ETH, bringing its total staked amount to 827,008 ETH, valued at $26.2 billion. The US Ethereum ETF saw a net inflow of 7,391 ETH in 2025, indicating ongoing institutional demand. The Chicago Mercantile Exchange (CME) reports an average daily trading volume of 163,000 Ethereum futures contracts (including micro contracts), up 139% year-over-year, reflecting a significant increase in derivatives market activity.
3️⃣ Market Liquidity and Risk Indicators Reflect Short-Term Volatility Pressure
Short-term liquidation strength data for ETH shows that if the price breaks above $3,316, the total short liquidation on major exchanges could reach $1.616 billion; if it falls below $3,010, long liquidation could reach $754 million, indicating strong bilateral risk near current levels. In the past 24 hours, total network liquidations reached $324 million, with Ethereum longs accounting for $77.51 million and shorts for $15.18 million. The higher proportion of long liquidations suggests leveraged longs have been under pressure during recent corrections.
This news is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: In the past 24 hours, the entire network has liquidated $274 million, with long positions liquidated at $189 million and short positions at $85.9469 million.
ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $274 million, with long positions liquidated at $189 million and short positions at $85.9469 million. Among these, Bitcoin long positions were liquidated at $72.5955 million, Bitcoin short positions at $31.1138 million, Ethereum long positions at $38.5414 million, and Ethereum short positions at $24.8499 million.
GateNews3h ago
Data: If ETH breaks through $2,168, the total liquidation strength of long positions on mainstream CEXs will reach $624 million.
ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,168, the total liquidation strength of long positions on major CEXs will reach $624 million. Conversely, if ETH drops below $1,964, the total liquidation strength of short positions on major CEXs will reach $305 million.
GateNews5h ago
Bitcoin Price Predictions Flip Bullish, But Ethereum Is Still Stuck
Predictors have turned bullish on Bitcoin's near-term price, suggesting a rise to $84,000 before a potential drop. However, analysts remain divided on sustainability, while sentiment for Ethereum is bearish, with expectations of a decline to $1,500.
Decrypt6h ago
Best Crypto to Buy Now: SOL and LINK Rally, but Pepeto Targets 100x as Ethereum Foundation Plans to Make ETH the Trust Layer for AI
The Ethereum Foundation just announced plans to position the network as the trust layer for artificial intelligence, with the foundation’s AI lead saying ETH will act as the coordination and verification layer in an increasingly AI mediated world, and when the biggest smart contract platform on
CaptainAltcoin6h ago
Data: In the past 24 hours, the entire network has liquidated $339 million, with long positions liquidated at $182 million and short positions at $157 million.
ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $339 million, with long positions liquidated at $182 million and short positions at $157 million. Among these, Bitcoin long positions were liquidated at $67.776 million, Bitcoin short positions at $69.678 million, Ethereum long positions at $38.385 million, and Ethereum short positions at $50.239 million.
GateNews7h ago
