Ethereum Price Recovery Sparks Hope Amid ETF Outflows

Ethereum's price has been showing signs of recovery in recent days, with the asset trading at $2,100 and up almost 1% over 24 hours. One long-term holder, known as thomasg.eth, has increased their exposure to Ethereum by adding $19.5 million worth of ETH to their wallet.

The same holder had about $537 million in crypto assets at the 2021 market peak and is rebuilding its exposure to Ethereum. This buying activity comes despite Ethereum still being 56% below its all-time high of $4,946 recorded on August 24, 2025.