ETH Surges 26% on Whale Dump, Next Stop $2.5K?
Ethereum's price surged by 26% in recent days, prompting investors to target a new high of $2.5K.
This sudden uptick was fueled by whales dumping around 1.7 million ETH onto the market, which has sparked speculation about the future direction of Ethereum's value.
The price increase comes as Ethereum attempts to recover from a period of weakness in the past few months, with some analysts arguing that this could be a sign of a larger trend reversal.