Big news of the day!
Ethereum (ETH) is currently trading at $2,680.
Due to 2 major reasons, there’s a stir in the market:
Whales Buying: Large investors (10K-100K ETH whales) have bought 260,000 ETH so far since Saturday! Last week they sold, and now they’re buying back.
ETF Inflows: In the US, money has been flowing into Ethereum spot ETFs for the 4th consecutive day. Just yesterday, there was an inflow of $104.6 million, with BlackRock’s ETHA leading.
Experts say the $2,560 - $2,600 zone has now become support. If ETH stays above it, the next pump could come.
What do you think? Will ETH cross $3,000 this month?
#Ethereum #ETH #CryptoNews #BinanceSquare #CryptoUpdate