ETH Surges Above $1,900 as Whale Withdrawals Fuel Market Recovery

Ethereum (ETH) has broken through the $1,894.89 resistance area and is now trading above $1,900 after a technical breakout.

The move was accompanied by a surge in whale withdrawals, with three new wallets withdrawing 30,000 ETH from Coinbase Prime, worth approximately $57.7 million.

This sudden influx of cash into the market has strengthened Ethereum's recovery, but bulls must now defend the $1,900 support level to keep the rebound intact.