Ethereum Price Stabilizes Above $2,400, Holding $192B in Value

Ethereum (ETH) is currently trading near the $2,585 mark, with 63.3 million ETH purchased by nearly 2.64 million wallets across its key support zone at around $2,400. This level acts as a critical on-chain anchor for price stability, holding over $192 billion in value and potentially acting as a launchpad for further upward momentum. 87% of the ETH supply is currently in profit, indicating strong holder confidence. If this support zone remains firm, Ethereum could see further gains towards $2,664, but breaking below it could trigger renewed selling pressure.