Ethereum trades at $2,400, down 4% on the day. The CLARITY Act failed to clear the 60-vote Senate cloture threshold on Tuesday, triggering an immediate 5% drop and pushing regulatory clarity further down the road. Despite this setback, whales continue to accumulate, having added roughly 200,000 ETH over the past week, while spot ETH ETF inflows reached $121 million on Monday and $216.4 million on Friday. ETH is consolidating in a triangle between $2,405 and $2,600, with a $3,000 target if it breaks above $2,600, as a 92.3% probability of a 25bp rate hike is anticipated ahead of Thursday’s FOMC meeting.
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