$ETH

Ethereum (ETH), the second-largest crypto by market cap, is currently trading around $2,769 on Binance following a modest 0.5% dip; ETH has surged over 7% in the past week, propelled by strong institutional inflows and technical momentum . The recent Pectra upgrade on May 7 enhanced speed, cost efficiency, and staking with increases to validator limits , while boosted open interest in ETH derivatives reached a record of nearly 14.94 million ETH (~$41.5 B) . Large leveraged whale positions and breakout patterns suggest bullish potential toward the $3,500–$3,700 range, though short-term volatility remains a consideration .