On May 11, #ETH突破2500 2025, ETH broke through $2500. According to PANews, the OKX market shows that when ETH broke through $2500, it was reported at $2504.84 per coin, with a daily increase of 2.95%.

Recently, the rise in ETH prices may be related to the technical upgrades implemented by Ethereum. On May 7, Ethereum successfully implemented the Pectra upgrade, introducing a series of key technical improvements, including a higher staking limit and account abstraction (EIP - 7702 standard). In addition, the 'short squeeze' market has also boosted Ethereum's rebound. Since May 8, there has been a large-scale closing of short positions in the Ethereum futures market, with a liquidation amount reaching $438 million, far exceeding the long liquidation amount of $211 million during the same period.