Key Notes
Ethereum price broke above $4,330 for the first time since 2021 as institutional treasury accumulation intensifies.
Fundamental Global filed a $5B SEC shelf registration to fund its 10% ETH network ownership target.
ETH funding rates surged 316% in three days, signaling persistent aggressive long positioning among short-term traders.
The Ethereum price climbed past $4,330 on Saturday, August 10, its first retest of this level since the late 2021 bull cycle. This latest ETH price uptick fits the same corporate treasury narrative that dominated headlines over the past month, led recently by firms like SharpLink Gaming.
In the latest wave of imminent institutional inflow, Nasdaq-listed Fundamental Global, soon to be renamed FG Nexus, has filed a $5 billion shelf registration wi