Ethereum Breaks Above $2,630, Hits Highest Since January
JH Kim
Summary
- Ethereum climbed to $2,630, reaching its highest level since January.
- As Ethereum rose, whale investors became more active, while the number of Ethereum wallets with a balance hit a record 207.17 million.
- On-chain indicators are showing bullish momentum as Ethereum's price, whale activity and funded wallet counts all increase.
Forecast Trend Report by Period
Ethereum climbed above $2,630, reaching its highest level since January.
Cointelegraph reported on September 18 that as Ethereum prices rose, activity by whale investors also increased.
The number of Ethereum wallets with a balance reached a record 207.17 million.
On-chain indicators are also showing strength, with Ethereum's price rise accompanied by increases in both whale activity and the number of funded wallets.
Ethereum was trading at $2,630.08 as of 5:42 a.m. on September 19 in Binance's Tether (USDT) market, up 7.37% from a day earlier.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.