#ETH Ethereum price today: $2,770

Ethereum open interest has surged to an all-time high of 15.21 million ETH, spearheaded by Volatility Shares 2x leveraged ETH ETF.

Ethereum accumulation addresses have recorded inflows above 400K ETH in five of the last seven days.

ETH challenges the $2,850 resistance as the crossover above its 200-day SMA reinforces the bullish momentum.

Ethereum (ETH) briefly moved above $2,850 on Wednesday following its futures open interest (OI) rising to an all-time high of 15.21 million ETH. The OI rise is accompanied by major inflows into accumulation addresses in the past week.$ETH