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Ethereum Registers 15% Weekly Gain, $3,000 Within Reach: ‘As Bullish As Fundamentals Can Get,’ Says Analyst

Published by
Benzinga

Ethereum (CRYPTO: ETH) posted a 3.6% gain in the past 24 hours and is closing in on the $3,000 mark during Monday’s trading session. The last time the token reached these levels was in April 2022. What Happened: This surge takes the weekly gains to 15%, outpacing the gains of the apex crypto, Bitcoin, which gained 9%. On Monday, Spot On Chain data reported a significant whale transaction wherein 22,719 ETH (worth $65.7 million) were purchased. Overall, the whale purchased 54,721 ETH through Binance and 1inch at a price of around $2,845 (worth $155.7M) in the past 24 hours. Crypto bettors on Po…

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