Ethereum Sees $17.4 Billion Trading Surge: Volatility Highlights Institutional Activity

Ethereum’s trading volume exploded by $17.4 billion in just 24 hours, reaching a record high. This surge has fueled speculation about the cryptocurrency’s future price trajectory, particularly as it hovers near the crucial $1,792 level. Market analysts believe institutional investors and whales are driving this activity, potentially hinting at significant market shifts.