ETH Dips 4% to $2,556 Amid Geopolitical Volatility, Yet Whale Accumulation and Pectra Upgrade Signal Strength

Ethereum is currently trading at $2,556.94, with a 24-hour open of $2,664.00 and a price decrease of 4.02%, accompanied by strong trading volume near $24.5 billion and a market cap of approximately $308.9 billion. The recent price decline is primarily attributed to broader market volatility following geopolitical developments, specifically tariff threats impacting global markets, which led to a 3% drop on May 23, 2025, despite ongoing bullish signals such as increased institutional inflows, whale accumulation, and the positive impact of the recent Pectra network upgrade.