Ethereum’s Price Climb: Could It Reclaim $2,600 as Whales Turn Bullish?

Ethereum (ETH) is currently trading around $2,470 after a 6% drop over the last three days. This has prompted questions about its future trajectory, but whale activity and derivatives data suggest potential for a rebound. Analysts attribute the current surge to expanding DeFi applications and increased institutional investments, while traders remain cautiously optimistic.