
Ethereum breaks above $2,700 for first time in seven months as altcoins rally
- —ETH tops $2,700 for the first time in seven months, up 75% in three months
- —Monthly ETH withdrawals from Binance top 90,000 transactions, a 3-year high
- —NEAR gains 77% in a week, UNI 35.8%, SOL 10.9%
- —ETH staking exit queue hits 132,832 ETH, a three-month high
Why it matters: Falling ETH exchange reserves and broad altcoin gains point to a possible capital rotation, though the trend is not yet confirmed.
Source: Cryptoast