news 
Title: 10.84 Million Ethereum (ETH) in 24 Hours, What Are Bulls up To?
U.Today – News and Analysis for the Cryptocurrency Community
March 18th, 2025 – 14:17
Analysts have been scrutinizing the recent market trends, trying to make sense of the wild fluctuations seen throughout the year. Amidst this consolidation phase, Ethereum (ETH) has surprised many by posting impressive gains. In just 24 hours, ETH has rallied by 10.84 million, leaving traders and analysts alike wondering what’s driving this sudden surge.
Despite the uncertainty surrounding the market sentiment, veteran trader Peter Brandt is bullish on Ethereum’s prospects. He believes that if support at $2,150 holds strong, it could pave the way for a possible price hike to $6,000 in the future.
Meanwhile, significant advancements are being made within the broader ecosystem. The NYSE has filed a new proposal with the SEC to launch an Ethereum ETF (Exchange-Traded Fund) on behalf of Bitget, which will integrate staking capabilities. This development could potentially bring more institutional capital into the space and revitalize the Ethereum price outlook.
As we await further developments in this arena, it’s essential for traders to stay vigilant and monitor market trends closely.
Source: https://u.today/1084-million-ethereum-eth-in-24-hours-what-are-bulls-up-to
