Ethereum is holding steady at 2,500 USD amid growing interest from institutional investors. This price stabilization suggests confidence in the asset despite market fluctuations.
A surge in active addresses highlights rising participation from both retail and institutional investors, with weekly numbers reaching 17.4 million.
While whale accumulation has lessened, significant buy orders at 2,460 USD and 2,370 USD indicate potential support. The recent recovery of Bitcoin may also positively impact Ethereum’s trajectory.
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