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Ethereum Defies Gravity: $2,477 Support Holds as Whale-Sized Volume Triggers Rally

Ethereum Defies Gravity: $2,477 Support Holds as Whale-Sized Volume Triggers Rally

Author:
CoindeskEN
Published:
2025-05-25 16:25:12
5
3

Ethereum Surges After Holding $2,477, Fueled by Very Heavy Trading Volume

Ethereum bulls just flexed—hard. After teetering near $2,477, ETH rocketed upward on a tidal wave of trading volume. Someone’s either front-running the ETF approval or Wall Street’s algo-traders discovered the ‘buy’ button again.

Price action turned savage as liquidity flooded in. No gentle uptick here—just a vertical green candle that left shorts scrambling. Classic crypto: either you’re early or you’re paying 20% premiums on perpetual swaps.

Funny how these ‘organic rallies’ always coincide with CME futures expiries. But hey, in a market where ‘fundamentals’ mean Elon’s latest tweet, maybe technicals are the only gospel left. Just don’t ask about gas fees.

|Square

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