Ethereum prices surged by 37.14% in the past week to hit a local peak of $2,600, mainly attributed to the recent Petra network upgrade.Ethereum's realized price hovers above $1,900, indicating a bullish market sentiment, as long-term holders are now in profits.Most recent ETH outflows are moving from Binance exchange, showcasing increased trader confidence and market activity.Binance maintains the lead in ETH liquidity, with significant market activity on the exchange during price appreciation.