Ethereum Price Today: 6.5% Rebound, BlackRock ETF Filing and Binance ‘Market Reset’ as Whales Defend $3K
Ethereum traded above $3,100 on December 9, 2025, after rebounding 6.5% from weekend lows near $2,945. Derivatives data show open interest remains elevated but stable, with leverage reduced since November’s crash. Institutional activity is rising, highlighted by BlackRock’s staked-Ethereum ETF filing and a $12 billion accumulation bet. Ether outperformed equities as global markets awaited a Federal Reserve decision.