Ethereum’s Bullish Surge: Profitability in Sight for Millions as Price Nears Critical Threshold
Ethereum’s recent price surge has ignited excitement across the cryptocurrency market, with nearly 40% growth in just one week pushing the asset past the $2,500 mark. This rally brings 6.61 million investors closer to profitability, while bearish traders face mounting risks as short positions teeter on the edge of liquidation. Analysts warn that a mere 3% further increase could trigger $800 million in short liquidations, signaling potential volatility ahead. As of May 13, 2025, Ethereum’s momentum reflects a broader crypto market uptrend, with all eyes on whether it can sustain this trajectory.
Ethereum Price Surge Thrills Millions as Profit Threshold Nears
Ethereum’s price has surged nearly 40% in the past week, breaking through the $2,500 barrier and edging 6.61 million investors closer to profitability. The rally, fueled by a broader cryptocurrency market uptrend, has left bearish traders scrambling as short positions face liquidation risks. A further 3% climb could jeopardize an additional $800 million in shorts, with analysts warning of impending volatility.
The first week of May saw ETH catapult from $1,812 to $2,584, marking three consecutive bullish sessions. This dramatic ascent reflects growing institutional interest and renewed retail enthusiasm for smart contract platforms. Market observers note the MOVE coincides with improving macroeconomic conditions for risk assets.
Ethereum Price Prediction: Can ETH Break $2,624 and Rally to $4,570?
Ethereum has surged 42% in a week, reaching $2,584 amid strong buying momentum. The asset now tests a critical Fibonacci level at $2,624.48, with resistance looming at $2,771.40 and $2,896.45. A short squeeze could trigger liquidations exceeding $786 million if ETH holds above $2,586.
Technical patterns suggest sustained bullish momentum. The ’Three WHITE Soldiers’ candlestick formation and a confirmed ’rounding bottom’ reversal signal potential for an 81% rally toward $4,570. Nearly 67 million ETH holders stand to profit at the $2,557 threshold, creating robust support below current levels.
Ethereum Surges Over 40% in Four Days Amid Whale Activity and Investor Demand
Ethereum’s price skyrocketed more than 40% in just four days, reclaiming February levels as bullish momentum builds. The rally began on May 8, with ETH breaking through $1,800 and swiftly surpassing $2,000. Weekend trading saw no slowdown, pushing prices briefly to $2,600 before settling NEAR $2,549.
Whale transactions and renewed institutional interest fueled the surge. Ethereum’s 24-hour trading volume hit $27 billion, with weekly gains exceeding 40% and monthly returns nearing 61%. Despite the rally, ETH remains 48% below its all-time high.
BlackRock Seeks In-Kind ETH Redemptions in Ethereum Trust Overhaul
BlackRock has filed to enable in-kind redemptions for its ethereum Trust, a structural shift that would permit direct ETH repurchases instead of cash settlements. The move mirrors mechanics of spot ETFs, potentially enhancing liquidity and tax efficiency for institutional investors.
Approval would signal deepening institutional conviction in Ethereum’s infrastructure. The filing follows BlackRock’s earlier Bitcoin ETF success, suggesting a coordinated push into crypto-native financial products. Market observers note this could accelerate traditional finance’s embrace of ETH as a core holding.
Ethereum’s Market Cap Jumps 42% Post-Pectra Upgrade, Surpassing Corporate Giants
Ethereum’s market capitalization surged 42% following the successful implementation of the Pectra upgrade, propelling its valuation to $308 billion. This milestone places ETH ahead of blue-chip corporations like Coca-Cola ($303.5B) and Alibaba ($303.7B), now ranking as the world’s 39th largest asset according to 8MarketCap data.
The May 7 network enhancement drove ETH’s price from $1,786 to $2,550, delivering measurable improvements in transaction throughput and user experience. While the upgrade faced delays from its original March 2025 timeline and encountered testnet issues during February trials, its mainnet deployment proved transformative for Ethereum’s market position.
Crypto markets responded enthusiastically to the technical advancements, though the path to implementation revealed the complex challenges of blockchain governance. The upgrade’s success underscores Ethereum’s continued dominance in smart contract platforms despite growing competition.
Lido Swiftly Secures Its Network After Critical Oracle Breach
Lido, the dominant liquid staking protocol securing over 25% of Ethereum’s staked ETH, contained a security breach over the weekend. The incident involved unauthorized access to an outdated oracle key managed by validator operator Chorus One.
Only 1.46 ETH ($4,200) in gas fees were stolen from the compromised hot wallet. The protocol’s rapid response prevented any impact on user funds, demonstrating the resilience of decentralized infrastructure during crises.
