O#n April 23, Ethereum ETH 1,754 recorded a 13% daily surge in its value, trading around 1,787 at the time of writing. The rally has pushed its 24-hour trading volume up by 73%.
This surge comes as whale activity increased for the second-largest cryptocurrency. A large investor who had previously incurred a 40 million loss during the April 9 crash, when ETH briefly touched 1,400, returned back for accumulation.