Ethereum has exploded through critical resistance levels in recent days, surging over 9% in the last week to peak above $2,250. The powerful rally comes as on-chain data reveals a frenzy of accumulation between $1,900-$2,100, leading analysts to believe this zone will now become the support floor for Ethereum’s next leg up.
Keypoints
According to data aggregation site IntoTheBlock, 43.8 million ETH