[Ethereum's Surge After Yesterday's CPI Driven by Whales, Current Major Resistance Above $2700] BlockBeats News, September 12 — Following the release of yesterday's CPI data, Ethereum experienced a short-term surge of nearly 10%, quickly rising from $2433 to $2667. According to analyst alicharts, this rapid increase was driven by whales, with the number of Ethereum transactions exceeding $1 million rising by nearly 14% during this period. However, alicharts also noted that Ethereum is now approaching a major resistance level. Previously, over 10 million ETH were traded in the $2700 to $2800 range, forming a significant supply barrier. This is the critical zone that whales must break through for Ethereum to rise to $3000. [Original Link]