<ul><li>Ethereum (ETH) surged over 44% in just three days, from $1,800 to over $2,600, its strongest performance since January 2021.</li><li>Abraxas Capital withdrew 185,309 ETH worth nearly $400 million from exchanges, indicating growing institutional confidence in Ethereum's future.</li><li>ETH profitability rebounded with over 60% of addresses in profit, up from 32% a month ago, fueling the narrative that 'Ethereum is back.'</li><li>ETH currently trades at $2,550, with analysts predicting resistance levels at $3,073, $3,316, $3,700, and $4,013, targeting $12,000 by year-end.</li></ul>

Ethereum Soars 44% as Abraxas Capital Pulls 185,309 ETH From Exchanges

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