#ETH突破2500

The price of Ethereum was significantly driven up after the Pectra upgrade on May 7, with ETH closing at $2,345 on May 9, rising to $2,582.42 on the 10th, an increase of about 10%, and slightly retreating to $2,509.62 on the 12th.

On the hot list of Douyin (the Chinese version of TikTok), the topic 'What happened to Ethereum with a 40% surge in 3 days?' accumulated over ten million clicks in a short time, occupying the top spot for a while, indicating the attention towards Ethereum within China.

However, the overbought state of Bitcoin may trigger a short-term correction, as a large investor has taken a bearish stance, having invested a total of $25 million on the Hyperliquid platform today, heavily shorting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 5x leverage.