Ethereum's recent price fluctuations have been significant, falling below $2400 per coin on June 6, with a daily decline of 7.98%, but reaching a 15-week high of $2827 on June 10. Its futures open interest has reached $40 billion, and the market leverage is high. The number of unique Ethereum addresses surged by 70% in the second quarter, with Base network activity leading the growth, continuing to dominate the DeFi space, and the total locked value is approximately $66 billion, accounting for 61%.