#Etherum

As of June 6, 2025, Ethereum (ETH) is trading at approximately $2,457.68, reflecting a 5.72% decline over the past 24 hours. The 24-hour trading volume stands at around $29.2 billion, indicating heightened market activity .

This downturn coincides with the expiration of nearly $4 billion in Bitcoin and Ethereum options today, a scenario that often introduces volatility into the market . Additionally, a significant transfer of 61,966 ETH, valued at approximately $159 million, was executed between unknown wallets, raising questions about potential market impacts .

Despite the current dip, some investors remain optimistic. Notably, a trader has placed a substantial bet anticipating ETH to surge above $3,400 by the end of June, reflecting bullish sentiment in certain circles .

Ethereum's price is currently testing a critical support level around $2,650. A breach below this threshold could signal further declines, while a rebound may indicate a potential recovery . Traders are closely monitoring these developments to gauge the next significant move in ETH's trajectory.

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