Markets· ★★★· bullish·

Ethereum posts best September since 2016 with roughly 6% gain

  • —ETH is up about 6% in September, its best showing since 2016
  • —Whales added 321,000 ETH in a week, a 21.5% increase
  • —Staked ETH hit a record 43.5 million, over 35% of supply
  • —Over 13.3 million ETH changed hands in the $2,700–2,800 zone
Why it matters: Strength in a historically weak month plus heavy short positioning could fuel a squeeze toward $2,800–3,000.
Source: Bithub