Ethereum
Why Ethereum is down 1.9% today
Analysis
Ethereum (ETH) fell 1.9% over the past 24 hours as sentiment softened following reports that Peter Thiel and Founders Fund exited Ethereum treasury firm ETHZilla, per an SEC filing covered by The Block and echoed by CryptoNews. Separately, Cointelegraph reported the Ethereum Foundation’s longer-term protocol priorities (including “quantum readiness” and potential gas-limit work in 2026), which may have reinforced a near-term “no immediate catalyst” tone rather than providing bullish momentum.
Contributing Factors (3)
Ethereum Foundation lists ‘quantum readiness,’ gas limits in 2026 priorities
The Ethereum Foundation called 2025 one of its “most productive years,” highlighting two major network upgrades and the gas limit significantly increasing.
Peter Thiel and Founders Fund exit Ethereum treasury firm ETHZilla, SEC filing shows
Peter Thiel fully exits ETHZilla, filing shows, as shares slide and the firm shifts from ether buildup to tokenization.
Peter Thiel Quietly Exits Ethereum Treasury Firm ETHZilla – Warning Sign for the DAT Model?
Founders Fund Exits Ethereum Treasury Firm ETHZilla, SEC Shows The post Peter Thiel Quietly Exits Ethereum Treasury Firm ETHZilla – Warning Sign for the DAT Model? appeared first on Cryptonews.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.