ETH Rises 2% as Institutional Inflows and Golden Cross Signal Renewed Bullish Momentum

Ethereum (ETH) is currently trading at $2,563.81 on Binance, up 2.00% over the past 24 hours, with a 24-hour open of $2,513.58 and trading volumes ranging from $12.35 billion to $13.4 billion, reflecting moderate market activity and continued positive sentiment. The recent price increase is primarily attributed to strong institutional inflows, ongoing whale accumulation, and technical bullish signals such as the "golden cross" observed on May 23, as well as net inflows into U.S. spot Ethereum ETFs, all of which have supported upward momentum despite some short-term volatility from large-scale ETH sales.