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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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#稳定币监管风暴#
In just fourteen days, the price of Ethereum surged from $2,500 to $3,800, an increase of nearly 55%. While many investors are shouting "break through 4000", trader Eugene Ng Ah Sio, who has garnered much attention from the crypto community, has chosen to close his positions now.
He stated on his locked X account, "Easy money is already in hand."
ETH has been soaring for two weeks
The recent surge of Ethereum is mainly driven by a frenzy of institutional funds. According to Bloomberg statistics, by 2025, the cumulative inflow of Ethereum-related products has exceeded $6 billion, with a net inflow of $2.18 billion in a single week for spot Ethereum ETFs.