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Ethereum Surges Above $3,800

By: theblockbeats.news|2025/07/27 11:22:11

BlockBeats News, July 27th, according to HTX market data, Ethereum has rebounded and surpassed $3,800, now trading at $3,815, with a 24-hour increase of 1.14%.

Analyst: Most ETH holders are not satisfied with the current price to take profits, and new buyers are eagerly stepping in to absorb the selling pressure

Abraxas Capital once again added $5 million to its ETH short position, bringing the total to a $78.72 million unrealized loss.