2,589 ETH Staked in 24 Hours: Can Ethereum Reclaim $4,000 as Mutuum Finance Gains Attention?

Ethereum has been reclaiming ground above $4,000 after briefly sliding below the threshold on Friday for the first time in nearly two months. The rebound has come as 2,589 ETH entered staking contracts in the last 24 hours, signaling renewed confidence among holders.

At the same time, institutional interest has been reinforced through a new crypto ETF that channeled $32 million into Ethereum-linked exposure. This backdrop has stirred speculation on whether the price can sustain above $4,000, even as Mutuum Finance (MUTM) emerges as the altcoin drawing intense investor attention during its fast-selling presale.

Ethereum Price Holds Above $4,000

Ethereum’s recovery has been supported by visible on-chain flows. Data shows the token rebounded from lows of $3,927 to touch $4,021 on Saturday, despite a 49% slump in daily trading volumes. Staking deposits have now reached 35.7 million ETH, representing over $11 million locked away from circulating supply in a single day. This influx has counterbalanced the liquidation pressures dragging Bitcoin below $110,000.

Moreover, T Rex’s launch of the leveraged BitMine ETF attracted $32 million on its debut, marking the third-largest inflow for any US-listed ETF this year. The move has underlined corporate appetite for indirect ETH exposure even as the crypto fear and greed index stays low.

Yet technical charts are painting a mixed picture. A rising wedge pattern is capping upside momentum, while Bollinger Bands highlight expanding volatility.

Consequently, Ethereum traders are now watching the $3,916 support zone closely. A sustained break above $4,373 could push the token toward $4,500, though a failure to hold key levels risks triggering a deeper pullback toward $3,500 or even $3,200.

Mutuum Finance Presale Momentum

Attention is also shifting to Mutuum Finance (MUTM), which is in Phase 6 of its presale, already 55% filled. The current token price stands at $0.035, marking a 250% rise from the first phase price of $0.01. Since the presale began, $16,550,000 has been raised, with total holders now standing at 16,660.

The ongoing phase is moving fast, and once it closes, Phase 7 will begin at $0.04, a 14.3% increase. MUTM is set to list at $0.06, which means buyers entering today could secure an ROI of 371% after launch.

In addition, the team has finalized its CertiK audit with a 90/100 token score, confirming a strong security posture. Mutuum Finance has also launched a $50,000 Bug Bounty Program in partnership with CertiK.

Rewards are structured across four tiers, ensuring every vulnerability level has a payout incentive. This initiative is running alongside a dashboard leaderboard for the top 50 holders, who will be rewarded in bonus tokens if they maintain their ranking.

Inside Mutuum Finance Utility

Mutuum Finance is building a decentralized lending-and-borrowing protocol, starting on Ethereum and expanding to other blockchains. The system integrates pooled liquidity through its Peer-to-Contract (P2C) model while also offering a Peer-to-Peer (P2P) option for custom loan terms.

Lenders can deposit tokens such as USDC and receive mtTokens that accrue interest, while borrowers post collateral to unlock liquidity without giving up their assets.

Moreover, the tokenomics design allocates 45% of MUTM supply to the presale at discounted prices. Early participants from the first phase are already seeing 3.5x gains, underscoring why current buyers are locking in while Phase 6 remains open.

Mutuum Finance Expanding Ecosystem

The presale’s success is not the only factor pushing interest. The project roadmap includes launching an over-collateralised stablecoin and rolling out to Layer-2 for cost efficiency. Revenue mechanisms will also see the platform buy and distribute MUTM to stakers, driving additional demand.

Mutuum Finance is also promoting user engagement through community-driven events. A giveaway campaign is distributing $100,000 worth of MUTM to 10 winners, each receiving $10,000. Entry requires a minimum $50 presale investment along with completing listed participation steps, making it an attractive initiative for both small and large investors.

Ethereum and Mutuum Finance Outlook

The current dynamics highlight two key market narratives. Ethereum is defending the $4,000 mark with staking demand and institutional interest offsetting fears of a deeper crypto crash. Meanwhile, Mutuum Finance is advancing through its presale phases rapidly, offering structured tokenomics, audited security, and a lending protocol designed for sustainable usage.

Investors monitoring crypto prices today are weighing both. While Ethereum is showing resilience, Mutuum Finance (MUTM) is positioning itself as the altcoin to watch, with presale buyers poised for high returns once trading begins. For those asking what crypto to invest in now, ETH and MUTM present distinct but interconnected opportunities within the broader market.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance

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