$ETH latest news

L As of April 19, 2025, Ethereum (ETH) is trading at approximately $1,614.81, reflecting a modest gain of 1.39% over the past 24 hours.

Despite this slight uptick, ETH has been experiencing a downward trend in recent weeks, with prices declining from highs above $1,800 earlier this month. Analysts suggest that if Ethereum fails to break above the $1,724 resistance level, it could face further declines, potentially dropping to $1,409 or even lower . 

In a notable development, a significant investor, often referred to as a “whale,” purchased 2,400 ETH worth approximately $3.85 million on April 19. This purchase is part of a larger accumulation of 12,010 ETH over the past 10 days, indicating potential confidence in Ethereum’s long-term prospects . 

Technical indicators show Ethereum consolidating around the $1,600 mark, with low volatility suggesting a potential for significant movement in the near future .