Ethereum Surges Past $3,200 as Shark Wallets Accumulate and Network Adds 190,000 Addresses

Ethereum's price rose above $3,200 on Tuesday, propelled by accumulation from shark wallets holding 1,000 to 10,000 ETH. The network recorded 190,000 new wallet addresses in a single day, reflecting strong demand. The rally coincided with the mainnet launch of the Fusaka upgrade, Ethereum's latest hard fork aimed at scaling data availability for Layer 2 rollups.