Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A major Ethereum whale purchase during recent market turbulence has sparked renewed interest in ETH, while Pepeto enters the scene with a cross-chain exchange, staking rewards, and over $5.3M raised—bridging utility and meme coin momentum. Table of Contents Ethereum technical outlook: range-bound, but poised How Blockchain bridges create real value: a closer look Pepeto launches with exchange preview + 278% APY staking rewards Ethereum (ETH) is currently trading near $2,547, catching attention after a massive $127 million whale purchase of 48,825 ETH at an average of $2,605. This came during a brief price dip, triggered by global tension and a wave of expiring options contracts. The move signals strong long-term confidence from large holders. This same investor reportedly made $30 million previously through Ethereum trades, reinforcing the view that this was no impulse buy. The broader crypto market had pulled back due to Middle East tensions and volatility from over 242,000 ETH options expiring on Deribit. Despite this, the whale’s buy-in stabilized sentiment. The current put-call ratio sits at 1.20, with the most pain set around $2,700—adding intrigue to this strategic accumulation. Ethereum technical outlook: range-bound, but poised Ethereum is now consolidating between its 23.6% Fibonacci retracement ($2,518) and the 50-period EMA ($2,580) on the 2-hour chart. Here’s how it could go: Bullish scenario: • Entry: Close above 38.2% Fib ($2,568) and 50 EMA • Stop-loss: Below $2,500 • Targets: $2,607 (50% Fib), then $2,647 (61.8% Fib) Bearish scenario: • Entry: Break below $2,518 • Stop-loss: Above $2,540 • Target: $2,440, possibly $2,300 You might also like: Bitcoin leads $1.9b crypto fund inflows as traders bet on market rebound How Blockchain bridges create real value: a closer look Blockchain bridges let users transfer assets and data across different blockchains, solving interoperability issues. A common method involves locking tokens on one chain while minting equivalent ones on another. Examples include switching from Ethereum blockchain to BTC. Key features: • Seamless asset movement between blockchains • Centralized or decentralized bridge types • Better usability across ecosystems This is exactly where Pepeto brings value. As Ethereum eyes new highs, Pepeto leverages bridge technology to build its own swap-powered exchange. By allowing smooth, low-fee asset transfers between networks like Ethereum, BNB , and Solana , Pepeto fills a key DeFi infrastructure gap. Pepeto launches with exchange preview + 278% APY staking rewards Pepeto isn’t just riding the hype. It’s rewarding early investors with access to a preview of its upcoming exchange. The Pepeto platform lets all meme coins get listed, without any fees, and features a cross-chain bridge that mirrors Ethereum’s model but focuses on utility. The token also offers up to 278% APY for staking: • Pepeto’s exchange demo version is launching in a few days • All meme coins can be listed with zero fees on the official site • Powerful bridge tech across Ethereum, BNB, and Solana • Staking APY up to 278% • Utility-based demand, not just hype • Strong presale momentum with over $5.3 million raised With the presale heating up and the hard cap nearing, Pepeto is emerging as a standout. Its fusion of Ethereum-linked tech, staking benefits, and meme coin energy makes it a serious contender before prices move to the next tier. How to Get Pepeto: Users can visit the official Pepeto website Read more: Interview | Tokenized RWAs could hide the next financial crisis, warns MEXC exec Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
