Ethereum Price Surges Past $3,500 Amid Whale Activity and Upcoming ETF Excitement

The cryptocurrency market has rebounded strongly, with Ethereum (ETH) prices surging by 5%, crossing the $3,500 mark. This uptick is attributed to heightened whale activity as investors anticipate the launch of the spot Ethereum ETF on July 8. According to Spot on Chain, a significant whale known as Abraxas Capital recently withdrew 60,000 ETH, amounting