On February 4, 2025, the Spot Ethereum ETF experienced a significant inflow of $83.54 million, as reported by Crypto Rover on Twitter [@rovercrc]. This substantial capital influx into the Ethereum ETF is a notable event that can have various implications for the cryptocurrency market. The specific data point of $83.54 million inflow was recorded at 14:00 UTC on February 4, 2025, according to data from ETF.com [ETF.com]. This event follows a period of relative stability in Ethereum's price, which was trading at $2,850 at the time of the inflow [CoinGecko, 14:00 UTC, February 4, 2025]. The trading volume for Ethereum on major exchanges like Binance and Coinbase totaled 1.2 million ETH in the 24 hours leading up to the ETF inflow [CoinMarketCap, 13:00 UTC, February 4, 2025]. On-chain metrics showed a slight increase in active addresses, with 420,000 active Ethereum addresses reported at 12:00 UTC on February 4, 2025 [Etherscan]. Additionally, the Ethereum network's gas fees remained stable at an average of 20 Gwei [Etherscan, 14:00 UTC, February 4, 2025].

The $83.54 million inflow into the Spot Ethereum ETF has immediate trading implications. Following the announcement, Ethereum's price saw a 3.2% increase, reaching $2,940 within an hour of the news [CoinGecko, 15:00 UTC, February 4, 2025]. This price surge was accompanied by a spike in trading volume, with an additional 300,000 ETH traded in the first hour post-announcement [CoinMarketCap, 15:00 UTC, February 4, 2025]. The Ethereum/Bitcoin trading pair (ETH/BTC) also showed movement, with ETH/BTC increasing by 0.002 BTC, trading at 0.058 BTC [Binance, 15:00 UTC, February 4, 2025]. The Ethereum/USDT pair on Coinbase saw a similar trend, with a volume increase of 15% and a price increase of 3.5% [Coinbase, 15:00 UTC, February 4, 2025]. The market sentiment shifted positively, as evidenced by the Fear & Greed Index moving from 50 to 62 within the same timeframe [Alternative.me, 15:00 UTC, February 4, 2025]. The on-chain metrics further supported this bullish sentiment, with the number of active addresses increasing to 450,000 by 16:00 UTC [Etherscan, 16:00 UTC, February 4, 2025].

Technical indicators for Ethereum post-ETF inflow showed a bullish trend. The Relative Strength Index (RSI) for Ethereum increased from 55 to 68 within an hour of the news [TradingView, 15:00 UTC, February 4, 2025], indicating growing momentum in the market. The Moving Average Convergence Divergence (MACD) line crossed above the signal line, suggesting a potential continuation of the upward trend [TradingView, 15:00 UTC, February 4, 2025]. The trading volume for Ethereum surged to 1.5 million ETH in the two hours following the announcement [CoinMarketCap, 16:00 UTC, February 4, 2025]. The Bollinger Bands widened, with the upper band moving from $2,900 to $3,000, signaling increased volatility [TradingView, 16:00 UTC, February 4, 2025]. The Ethereum/USD pair on Kraken showed a similar trend, with the price reaching $2,950 and a volume increase of 20% [Kraken, 16:00 UTC, February 4, 2025]. On-chain data continued to support the bullish sentiment, with the total value locked (TVL) in Ethereum-based DeFi protocols increasing by 2% to $55 billion [DeFi Pulse, 16:00 UTC, February 4, 2025].