🚨 ETH ATH Watch 🚨 As of Aug 13, $ETH is trading $4.3K–$4.4K — just shy of its Nov ‘21 ATH of ~$4.89K. Up +65% in 30 days, with ETF inflows, tech upgrades, and a supply squeeze fueling momentum. 1⃣Institutional flows 📍Spot ETH ETFs (BlackRock, Fidelity) pulled in $1.25B in 19 days — biggest buy wave since 2017 📍July alone: +2.7M ETH added by institutions 📍Treasuries like SharpLink now hold more ETH than the Ethereum Foundation 📍Staking ETF approval could unlock yield-on-ETH for pensions & funds 2⃣ Tech upgrades + usage 📍Proto-Danksharding (EIP-4844) = cheaper L2 txs, faster scaling 📍Aug 5: 1.74M daily txs = new ATH 📍ETH = 55% of crypto TVL, 40%+ USDT, 75%+ USDC 10 years uptime, deflationary since EIP-1559 3⃣ Regulation + supply squeeze 📍GENIUS Act + SEC “Project Crypto” favor PoS chains 📍30% of ETH staked = less liquid supply 📍Exchange reserves at multi-year lows 📍RWAs (USTs, private credit) mostly tokenized on ETH 4⃣ Sentiment shift 📍Broke $4K → shorts squeezed → vertical move setup 📍Open interest ATH 📍From “ETH is dead” → “ETH to $10K+” calls 📍Seen as the most hated rally turning into a regime change TL;DR: Institutional demand, real on-chain usage, and supply pressure are aligning for ETH’s first new ATH in nearly 4 years. Not financial advice — but the ETH chart might be. 📈