Ethereum $ETH has surged past $2,500 today, reaching approximately $2,583.68—a 10.35% increase from yesterday's $2,341.41 . This marks a remarkable 38% gain since May 7, when ETH was trading near $1,810 . The breakout from a multi-month descending trendline has fueled bullish momentum, with traders now eyeing the $2,600 resistance level .

Notably, a major ETH whale secured over $10 million in unrealized profit within just three days by holding a long position . Additionally, a significant withdrawal of 2,281 ETH (worth approximately $5.83 million) from Binance suggests potential bullish sentiment .

With Ethereum's price rallying and strong on-chain activity, the market is abuzz. As ETH targets higher resistance levels, the crypto community watches closely.