#As of May 4, 2025, Ethereum (ETH) is trading at approximately $1,827.20 USD, reflecting a slight decrease of 0.016% from the previous close.
๐ Ethereum Price Overview โ May 4, 2025
Opening Price: $1,833.83
High: $1,847.94
Low: $1,823.09
Closing Price: $1,827.33
24-Hour Volume: $9.05 billion
Market Cap: Approximately $480 billion
๐ Key Market Insights
Institutional Accumulation: BlackRock has reportedly increased its Ethereum holdings, signaling growing institutional confidence in ETH's long-term value.
Whale Activity: A dormant Ethereum whale reactivated after four years, purchasing 1,202 ETH worth approximately $2.2 million, indicating renewed interest from large holders.
On-Chain Metrics: Analyses highlight increased large-holder inflows and rising transaction volumes, suggesting bullish sentiment.
๐ Technical Analysis
Support Level: ETH is maintaining support near the $1,800 mark, with analysts noting this as a consolidation phase potentially preceding an upward movement.
Impulsive Phase:
