3 Things You Must Know About Ethereum This Week

Krutika Adani

In the last seven days, Ethereum surged more than 30%.

CryptoQuant, a crypto analyst, thinks that the Taker Buy/Sell Ratio indicates less aggressive selling by the bears.

Increased Ethereum flows into exchanges also indicate high upcoming volatility.

Large US players were spotted buying Ethereum, with one purchasing $400 million ETH in a few days.

The activity was similar to that which was just before the approval of spot Bitcoin ETFs.