From Cointelegraph
June 10, 2025 8:23 pm:

An Ethereum whale made $31 million in two trades within 44 days, with unique Ethereum addresses surging by 70% in Q2. Ether (ETH) is close to breaking its monthly range, hitting a 15-week high of $2,827 on June 10. The whale netted $23.73 million amid a 43% price rally.

The number of unique addresses on the Ethereum network hit an all-time high of 17.4 million, with 16.4 million active addresses on June 10. The Base network led this growth, accounting for 72.81% of 11.29 million addresses. Ethereum holds a 61% share of the total value locked in DeFi with roughly $66 billion.

Ether’s futures open interest surpassed $40 billion for the first time, indicating a highly leveraged market. $2 billion in long positions could face liquidation at $2,600, while $1.8 billion in shorts risk liquidation at $2,900. Market dynamics remain uncertain, with potential for volatility.

Read more at Cointelegraph: ETH Short Liquidations May Send Ether Price to $3K