Ethereum Price Breaks Above $2,600 as Whale Activity Rises -- Can ETH Reach $2,800?

Ethereum has broken above $2,600, reaching its highest level since January as whale activity increases and holder participation expands. The latest move places the $2,800–$3,000 zone as the next major resistance area, while the $2,450–$2,500 region is flagged as key support. The recovery follows a double-bottom formation near $1,600–$1,700 and comes with rising network participation: Ethereum recorded 207.17 million non-empty wallets and has more than 40 million ETH staked, reducing supply available for trading. Decentralized finance adds additional demand context, with roughly $50 billion locked across DeFi.