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Ethereum price today: $2,770

Ethereum open interest has surged to an all-time high of 15.21 million ETH, spearheaded by Volatility Shares 2x leveraged ETH ETF.

Ethereum accumulation addresses have recorded inflows above 400K ETH in five of the last seven days.

ETH challenges the $2,850 resistance as the crossover above its 200-day SMA reinforces the bullish momentum.