$ETH

Since April 22, 2025, Ethereum (ETH) has experienced a notable increase in its value. Over the last 24 hours, the price of ETH has risen by about 15%, reaching a peak of $1,800 on April 23. This increase has allowed Ethereum to surpass Bitcoin, which recorded a 6% rise, and the overall cryptocurrency market, which is up nearly 5%. 

This surge has led to the liquidation of short positions on Ethereum, with approximately $42.33 million liquidated in 24 hours. Furthermore, significant movements have been observed among large holders of ETH: one of them sold 35,754 ETH for $64.1 million at a price of $1,793 per ETH.  

Despite these sales, some analysts believe that Ethereum is in an accumulation zone, suggesting potential for further upside. Currently, the price of ETH is $1,794.89, with an intraday high of $1,811.18 and a low of $1,617.13. 

If you enjoy my articles or posts, feel free to give a 👍🏼 or subscribe

Thank you in advance