$ETH

As of May 9, 2025, Ethereum (ETH) is trading at approximately $2,339, reflecting a 19.48% increase over the past 24 hours. The cryptocurrency reached an intraday high of $2,456.64 and a low of $1,957.99.

This surge is attributed to significant whale accumulation and heightened investor optimism. Notably, Abraxas Capital withdrew $116 million worth of ETH from exchanges, signaling strong institutional interest. Additionally, Crypto Rover disclosed a $900,000 ETH purchase at market lows, underscoring trader confidence.