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Ethereum showing solid momentum today. ETH is trading at $3,117, maintaining a market cap of $376.29B and demonstrating strong market interest. What caught attention is the trading volume spike—hitting $17.2B with a 171% surge, signaling increased market participation.
Intraday range has been tight, with the price fluctuating between $3,089 on the low end and $3,166 at the high. This kind of volume uptick often reflects either institutional accumulation or retail FOMO kicking in.
For traders watching the Ethereum ecosystem, this elevated activity is worth monitoring. Whether it's a temporary spike or the start of a bigger move remains to be seen, but the volume data suggests the market isn't sleeping on ETH right now.