Ethereum (ETH) has surged by 11.42% in the past 24 hours, reaching $2,645.07, driven by increased whale accumulation and market hype following the SEC’s approval of a spot ETF. Whales have been making significant purchases of ETH, with large transaction volumes jumping by 65.99% in the past 24 hours, indicating a notable shift in Ethereum’s market dynamics. This surge in whale activity is contributing to Ethereum’s efforts to regain lost ground in terms of price action.
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0 posts last weekEthereum Whales Drive 11.4% Price Surge, SEC Approval Boosts Sentiment
Ethereum’s price surged by 11.42% in the past 24 hours to $2,645.07, driven by whales accumulating large amounts of ETH. The approval of a spot ETF by the SEC has boosted market sentiment, with Ethereum now eyeing the $2,700 benchmark.
read moreEthereum Whales Drive 11.4% Price Surge Amid Market Optimism
Ethereum’s price surged by 11.42% to $2,645.07 within 24 hours, driven by whales accumulating large amounts of ETH. The approval of a spot ETF by the SEC has sparked market hype, with retail sentiment pushing Ethereum towards the $2,700 benchmark. Large transactions involving ETH worth at least $100,000 have increased by 65.99% in the past 24 hours, indicating significant activity within the Ethereum ecosystem.
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