Ethereum Soars Over 7% Driven by Institutional Buying and Whale Activity

Ethereum’s price surged above $2,700 today, marking a 7.72% increase, driven by both institutional investment and coordinated whale activity. These bullish signals come as institutions have poured more than $400 million into Ethereum (ETH) in the past week, indicating long-term confidence in ETH’s utility and value. The transfers, traceable between Coinbase Prime and BlackRock’s ETHA wallet, highlight high-volume, consistent flows with no meaningful outflows.