$ETH Ethereum surprises markets with a 20% jump in 24 hours: New liquidity and technical indicators support continued rise

Try it now

Ethereum surprises markets with a 20% jump in 24 hours: New liquidity and technical indicators support continued rise

Published 09/05/2025, 15:59

Ethereum surprises markets with a 20% jump in 24 hours: New liquidity and technical indicators support continued rise

© Reuters. Ethereum surprises markets with a 20% jump in 24 hours: New liquidity and technical indicators support continued rise

DX

-0.32%

Ethereum US Dollar

10.63%

ETH/USD

10.57%

Arincen - In a surprising and unusual move, the Ethereum (ETH) currency jumped by 20% in just 24 hours, stabilizing at a level of $2,209 at the time of this report, marking one of the strongest short-term upward waves since the beginning of the year.

This notable rise was bolstered by a surge in trading volumes, particularly in the derivatives market, where futures trading volume increased by 184%, according to data from “Coinglass.” The open interest for Ethereum futures also recorded a growth of 20%, indicating the entry of new capital and the establishment of strong buying positions, reflecting increasing confidence among traders in the possibility of the upward trend continuing$ETH #PectraUpgrade