ETH 15-minute rise of 0.72%: ETF fund outflows ease and on-chain net outflows move in tandem to boost the rally

From 06:00 to 06:15 (UTC) on April 1, 2026, the ETH price rose 0.72% within the short term. The range of fluctuations ran from 2122.69 to 2143.2 USDT, with a volatility of 0.97%. Trading volume in the market expanded in tandem, significantly higher than the average level in the previous hour. Increased on-chain activity has drawn industry attention, and short-term volatility has risen noticeably.

The main driver behind this unusual move is that ETH Spot ETF fund outflows have clearly slowed down. According to authoritative on-chain data, net outflows from the relevant ETFs narrowed from -210.19 ETH in the prior period to -120 ETH, a roughly 43% decline month-over-month. This suggests that heavy sell-pressure has been temporarily eased, allowing buying power to briefly take the upper hand. In addition, on major market platforms, the ETH/USD trading pair’s trading volume jumped by about 30% compared with the previous hour’s average, indicating a strong capital inflow effect, which directly catalyzed the immediate upside in price.

At the same time, on-chain fund flows and changes in holdings further converged. CryptoQuant data shows that the amount of ETH held on trading platforms decreased, and net outflows reached about 18,000 ETH, up 12% from the prior day. This reflects that some investors moved ETH out of exchanges, redirecting it toward on-chain activity or medium- to long-term holding, thereby reducing short-term sell-pressure. On the other hand, on-chain transaction activity also increased in sync. Combined with Layer 2 expansion and optimization of the mainnet transaction fee structure, this further reinforced the rebound in the short-term market. Structural factors and stronger fund convergence have amplified the magnitude of this unusual move.

Investors should remain cautious: although ETF fund flows have shown a temporary reversal, under the overall environment, capital is still in a net outflow stance. If on-chain net outflows and high activity levels cannot be sustained, price support will weaken. In the short term, focus should be on key indicators such as ETF fund flow direction, changes in exchange holdings, and on-chain fund inflows and outflows, as well as potential impacts stemming from changes in the macro environment. For more details on market moves, please keep following real-time news flashes.