Ethereum Trading Volume Soars to $17.4B, Driven by Speculative Activity

A surge in Ethereum trading volume has reached an impressive $17.4 billion over the past 24 hours, indicating a significant escalation of market activity. This increase is attributed primarily to speculative trading practices, with whales and derivatives traders playing a crucial role. While this action has fueled bullish sentiment, there’s been no official commentary from Ethereum leadership regarding the surge.