Ethereum gained nearly 9% in September, trading just above $2,700 with a market capitalization of almost $330 billion. Whales accumulated approximately 60,000 ETH worth around $162 million over the past week, after scooping up over 320,000 coins in seven days prior. Cumulative net inflows into spot ETH ETFs have reached nearly $14 billion, with nearly $700 million attracted last week. Some analysts see key resistance between $2,650 and $2,900, with targets ranging from $4,800-$5,200, while the most bullish forecasts predict a potential rise to $7,000 or even $14,000 during an extended bull run.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
