ETH rises 0.60% in 15 minutes: capital inflows into exchanges and macro sentiment resonance drive short-term buying

On April 10, 2026, from 01:30 to 01:45 (UTC), ETH price fluctuated between 2185.0 and 2204.03 USDT, recording a +0.60% return with an amplitude of 0.87%. Trading volume during this period increased by approximately 18% compared to the previous window, with market attention significantly heating up, short-term volatility intensifying, and active capital flow rising.

The main driver of this anomaly was on-chain medium-scale capital inflows into exchanges, leading to concentrated buying pressure. On-chain monitoring data showed that some institutions and high-net-worth users transferred ETH to a major mainstream exchange in batches, combined with active buy orders stacking on the order book, pushing the price slightly upward. Meanwhile, open interest in perpetual contracts slightly increased, reflecting a strengthened willingness to add positions in the derivatives market, working together with the spot market to form a short-term upward trend.

Additionally, macroeconomic improvements and positive industry expectations resonated. Following the recent release of the Federal Reserve FOMC meeting minutes, expectations for rate cuts increased, the US dollar index declined, and risk assets performed relatively well, benefiting ETH from capital inflows. Reports from mainstream crypto media indicated that certain institutions increased their Ethereum holdings, ETH ecosystem activity rose, and progress on spot ETFs and RWA-related developments continued, further boosting market confidence. Some high-frequency market makers adjusted their quote ranges, intensifying the short-term price rally.

Short-term volatility has already shown risks; attention should be paid to subsequent large-scale fund transfers and leverage accumulation in derivatives. If larger ETH inflows into exchanges occur on-chain, or macro data (such as CPI, FOMC results) fall short of expectations, ETH price may retreat. It is recommended to focus on the $3,400 support level, the flow of funds in spot and derivatives markets, and industry policy developments. Please continue to monitor real-time market data and on-chain dynamics, and remain alert to the structural risks brought by short-term fluctuations.