$ETH Ethereum (ETH) is trading at approximately $1,794, reflecting a notable 12% surge in the past 24 hours. This upward momentum is attributed to significant whale activity and positive market sentiment. Notably, a major investor recently acquired 19,973 ETH at $1,740 each, signaling strong confidence in Ethereum's trajectory.
Despite this bullish trend, some large holders have opted to liquidate their positions. One such whale sold 35,754 ETH for $64.13 million at an average price of $1,794, potentially introducing short-term volatility.
Looking ahead, Ethereum's price predictions for 2025 vary. Analysts suggest a potential high of $5,925, especially if the upcoming PECTRA update enhances scalability and performance. However, forecasts range widely, with some projecting prices between $2,445 and $5,890, depending on market conditions and adoption rates.