🚀 **Ethereum Price Surge Amid Declining Whale Activity!** 🚀
- **ETH Price Jump:** Ethereum (ETH) has surged by 4.4% in the past 24 hours, trading at $3,350. Over the past week, ETH has impressively recovered by 13%, reflecting the broader crypto market rebound.
- **Whale Transactions Drop:** Data from Santiment shows a 56% decline in whale transactions (≥$100K) in the last 24 hours, dropping from 11,115 to 4,827. This suggests small investors are driving the price surge.
- **Market Metrics:** ETH's market cap stands at $400B with a daily trading volume of $12.7B. Open interest has risen from $6.04B to $6.97B, indicating potential price volatility.
- **RSI Insights:** Ethereum’s RSI is at 50, hinting at a healthy condition for a possible price increase.
💬 What do you think about ETH's recent performance? Share your thoughts in the comments!