Ethereum Jumps 58% In A Month: How High Can It Go?
Posted On May 20, 2025
Ethereum (CRYPTO: ETH) has surged 58% over the past month, buoyed by bullish technicals, key whale activity and improving fundamentals post-Pectra upgrade.
What Happened: According to Lookonchain, a whale deposited 7 million USDC into Hyperliquid. Out of that, 3.5 million USDC was used to buy 1,371.87 ETH spot at $2,551 and remaining USDC funded a 3x leveraged long on ETH at the same price.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Ethereum (CRYPTO: ETH) | $2,470.87 | $298.6 billion | +1.7% | -2.2% |
| Bitcoin (CRYPTO: BTC) | $104,619.70 | $2.07 trillion | +1% | +1.7% |
| XRP (CRYPTO: XRP) | $2.32 | $136.4 billion | -0.06% | -7.5% |
Trader Notes: Pentoshi, a prominent crypto trader, said ETH is regaining strength after reclaiming a key level and its 200-day moving average.
“Wouldn’t sleep on Ethereum here,” he added, pointing to strong buybacks and bullish momentum. His …
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