Ethereum recovered above $2,650 in early Binance spot trading on September 24 after its advance toward $2,800 stalled near $2,786 the previous day. ETH reached $2,651 at 7:02 a.m. ET, up 0.27% from $2,641 one hour earlier, after gaining about 14% in seven days and roughly 75% in three months. The pullback triggered about $109 million in 24-hour ETH liquidations, including $97.5 million in longs. Immediate support is between $2,626 and $2,672, while $2,544-$2,560 combines horizontal support with the 20-day and 100-week exponential moving averages. Institutional and whale accumulation continued as BlackRock's two ETH funds bought $1.01 billion over 20 trading days and a wallet rotated 1,308 BTC into 40,670 ETH before staking it, even as Ethereum mainnet activity weakened while more usage moved to Layer 2 networks.