$ETH As of today (June 12, 2025), ETH is trading around $2,759, down slightly (~0.06%) from its recent high of about $2,871 . That minor pullback follows a strong rally where ETH briefly surged past the $2,800–$2,850 resistance zone .

🔍 Key Highlights:

A major whale initiated an $11M leveraged long near $2,758, profiting as ETH reached ~$2,850 .

Open interest in ETH futures just hit a record high (~15.21M ETH), reflecting elevated institutional participation .

On‑chain data also shows staked ETH reaching a new all‑time high (~34.8M ETH, ~28% of supply) .

However, algorithms indicate ETH may be testing key support levels soon .

💡 What This Means: ETH has demonstrated strong momentum—breaking through resistance levels and attracting substantial attention from whales, institutions, and stakers. That’s generally a bullish signal. But short‑term volatility remains, as price is now hovering just above key support zones. Traders may see ETH bounce from ~$2,750–$2,800 if buying pressure holds. A breakdown below that could trigger further dips.

✅ Summary:

Current price: ~$2,759

Immediate levels to watch:

Support: ~$2,750–$2,680

Resistance: ~$2,850–$2,880