2 days ago
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Key Takeaways
- ETH trading at $2,374, up 9% in 24 hours.
- Whale wallets holding 100K+ ETH jumped from 54 to 57.
- ETH/BTC ratio at highest level since late January.
- Funding rates matching two prior ETH/BTC price tops.
Ethereum is trading at $2,374 at the time of writing, up from a $2,000 floor that held twice in late March and early April, gaining 8.6% in the past 24 hours. The 50 SMA at $2,251 is rising and now $123 below price, the first clean above-SMA structure ETH has built since mid-March.
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