Maybe it ain't finished bubbling yet. I'd say there are a lot of questions. I'd personally like to know where all this money is coming from.
I'll narrow it down for you.
It's either Bob Surplus or Mario Draghi

LOL, im fucking flattered, but I have not even close to the amount of money needed for this kinda shit....
I'll tell you what's likely and very possible though...
The eth team themselves are pumping this.....
Think about it, the sold out all their 15M in btc well above the $500 range, bought back during the $200-$300 range bottom, and are using all them btc to pump the shit outa eth now.