Eric Trump, the US president's son, responded to criticism of Ethereum's recommendations in February following a recent surge in ETH prices.
The rebound occurs just two months after ETH reaches its $1,573 low. Eric Trump aimed for his latest post Crypto commentator Ashley D Can was publicly laughing at his previous phone.
How is @ashleydcan doing it now? You really should get out of this business… https://t.co/idescis8yr pic.twitter.com/hzd28xtwpb
– Eric Trump (@erictrump) August 12, 2025
The statement attracted attention from the cryptocurrency community, some agreed, others were skeptical of timing.
Due to the twist in the event, ETH prices fell sharply to $1,573 by June 3rd. Ashley I responded Trump's February post warned that anyone following his advice helped “eliminate liquidity,” suggesting that the call had benefited others who sell at a higher price.
August recovery and Eric Trump's reaction
Interestingly, Ethereum prices have more than doubled since June Low. At this point, ETH is trading at $4,696, a 7% spike in the past day. At the Ethereum rally, Benjamin Cowen saw a surge of 31% and 54.2% the previous week and month respectively. dubbing Ethereum season. In particular, Ethereum is currently closed at a record high of $4,891, recorded in November 2021.
Eric Trump now responds to Ashley, questioning her previous criticism and suggesting that she should reconsider her position in the industry.
This is not the first time Eric Trump has come out hard to anyone against Bitcoin and Ethereum. Last week, Trump Expression Ethereum's satisfaction with short sellers facing losses warns that bets on Bitcoin and Ethereum will end badly for traders.
His position has led to the liquidation of a short position of around $105 million, climbing beyond the highest mark since December 2024.
What fuels the surge in Ethereum?
Investor demand for Ethereum has skyrocketed, marking a six-day ETH ETF inflow of $2.3 billion in total, including a one-day record on Monday. This will result in Ethereum taking a $1.5 billion lead through the Spot BTC ETF since July.
Ethereum ETF Flow
Currently, the Corporate Treasury holds more than $16.5 billion in ETH, leading the 1.2 million ETH positions for Bitmine Immersion Technologies worth $5.333 billion. Sharplink Gaming is second at 598,800 ETH after 177% upticks in the past month.
Ethereum Price Action
What's next for Ethereum?
Meanwhile, the chart Share By analysts, Gel pointed to upside forecasts ranging from $7,000 to $13,000, as Ethereum trades above the bullish megaphone layer. He states that ETH has only one final resistance level to clear, suggesting that price findings are below 5%, and that the next important meeting can soon be undertaken. Meanwhile, Jake Gagain, a media personality, had It was predicted Ethereum surges to $5,350.
