$ETH
Ethereum (ETH): Breaking news and exciting developments today!
The price of ETH rose today to $1,794, an increase of over 2.5% in the last 24 hours, driven by strong institutional inflows, as Fidelity recorded positive daily inflows of $35.9 million toward Ethereum ETF funds.
Conversely, the market witnessed an exciting move from a crypto 'whale' who sold ETH worth $7.25 million after making quick profits exceeding $1 million, reflecting continued intense activity in the currency.
On the network level, Ethereum is preparing for the Pectra upgrade in the coming days, which will enhance transaction speed and reduce costs, following successful trials on test networks.
Are we on the verge of a new bullish wave for ETH?
Share your opinion — Certain rise or expected correction?