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Ethereum Price Analysis: How UK Trading Firm Net $77M Profits on $655M ETH Purchase after Ethereum Pectra Upgrade

Summary by Coingape
Ethereum price holds firm above $2,500 despite broader market hesitation, with UK firm’s strategic ETH investment post-upgrade signaling rising institutional confidence. UK Trading Firm Nets $77M Profit on $655M Ethereum Investment Following Pectra Upgrade Ethereum (ETH) maintained composure on Friday, dipping only 1.4% to trade near $2,587, outpacing rival layer-1 assets like Solana and XRP, in largely flat crypto market. Reinforcing ETH price …
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Coingape broke the news in on Friday, May 16, 2025.
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