#EthereumFuture Ethereum (ETH) is currently trading at $1,775.91, reflecting a 2.56% increase over the past 24 hours. This upward momentum is supported by a surge in whale activity; notably, a significant investor recently acquired 1,291 ETH worth $2.3 million after a period of inactivity. Additionally, active Ethereum wallet addresses have increased by nearly 10% in the last 48 hours, indicating growing network engagement.
Technical indicators suggest a bullish outlook, with the formation of a Golden Cross pattern bolstering investor confidence. Analysts predict that if this trend continues, ETH could reach $2,000 in the near term.