ETH Surges 5.23% as Whale Accumulation and Exchange Inflows Signal Renewed Investor Confidence

Ethereum (ETH) is currently trading at $2,674.81 on Binance, reflecting a 5.23% increase over the past 24 hours, with strong trading volume and a circulating supply of approximately 120.73 million ETH. The price surge is primarily attributed to significant on-chain activity, including over 225,000 ETH moved to exchanges in the last two days, heightened whale accumulation, and renewed investor interest as capital rotates from Bitcoin to top altcoins. No major protocol updates or announcements have been reported recently, suggesting that the upward momentum is driven by technical breakouts, strong market sentiment, and robust participation from large holders and institutional investors.