Ethereum Surges Above $4,500 as Whale Acquisition Raises Price Predictions

Ethereum prices have experienced a significant surge, exceeding $4,500, fueled by a recent multi-million dollar investment from a Consensys-linked whale. This move has sparked renewed discussion about the possibility of Ethereum reaching its all-time high price of $3,000 and raised questions about market dynamics. On June 3rd, U.S. Ethereum spot ETFs saw record net inflows of $109.43 million, marking a significant milestone for the asset class.