Ethereum (ETH-USD) Surges Past $3,000 as Bullish Momentum Builds
From tradingnews.com
ETH-USD Gains Momentum From Whale Activity and Market Liquidity Ethereum (ETH-USD) has crossed the $3,000 threshold with a weekly gain of 6.49%, currently trading at $2,995.43. This surge reflects mounting institutional and retail confidence driven by a combination of macroeconomic tailwinds, liquidation flows, and aggressive whale accumulation. A major round of short liquidations near the $2,700 and $3,000 zones triggered cascading buy orders, particularly on Binance, fueling a sharp upward price move amid thin liquidity. As a result, ETH's open interest has surged to nearly $7 billion, reflecting leveraged ...
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