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Ethereum Surges Past $2,630, Reaches Highest Price Since January

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Ethereum has reached its highest price since January, climbing above $2,630. This surge in value comes as whale investors become more active, and the number of Ethereum wallets with a balance hits a record 207.17 million.

According to on-chain indicators, the price increase is accompanied by rises in both whale activity and the number of funded wallets, suggesting bullish momentum for Ethereum.

The cryptocurrency was trading at $2,630.08 as of September 19, up 7.37% from a day earlier, according to Binance's Tether (USDT) market.

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