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Ethereum price climbed nearly 2% on Aug. 17, rebounding from the $1,872 area as buyers defended short-term support and pushed $ETH above $1,900.

Cryptocurrency trader DonAlt, widely recognized for his accurate prediction of $XRP’s 700% surge in 2024-2025, has set a long-term target of $10,000 for Ethereum ($ETH). However, in a strategic shift, he plans to take profits on his current position at $3,000, a move that reflects lessons learned from his previous trading experience.

That’s what appears to be the case after blockchain security experts on Saturday flagged nearly $300 million leaving Ethereum-based Kelp DAO.