Ethereum whale shifts $155 million into ETH as price eyes $2,500 breakout

Ethereum is stabilizing after a period of heightened volatility, with its price trading near $2,460.98, reflecting a rebound of 0.52% in the past 24 hours. The market’s attention has turned to several encouraging signals as ETH attempts to move out of correction territory and into a new phase of accumulation and potential recovery. Ethereum is rebounding from recent lows but still faces significant resistance overhead. Analysts have noted that the price continues to encounter selling pressure around $2,415, a level that has capped multiple previous rebound attempts on intraday charts. Despite these hurdles, support appears solid in the $2,370 to $2,380 range, where buyers previously stepped in following the most recent downturn.

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