Ethereum
Why Ethereum is down 2.8% today
Analysis
Ethereum (ETH) fell 2.8% over the past 24 hours amid a broader weekend crypto sell-off that wiped roughly $200 billion from the market, dragging major assets like BTC, ETH, and XRP lower. The decline also came as attention centered on ETF-related flow chatter and a high-profile Polymarket trade involving Ethereum co-founder Vitalik Buterin, which added to the news-driven backdrop during a risk-off session.
Contributing Factors (2)
Ethereum Founder Vitalik Buterin Made $70K Betting Against 'Crazy Mode' on Polymarket
The Ethereum founder claims his strategy of betting against extreme market sentiment "usually makes money" on Polymarket.
$200 Billion Gone From Crypto Markets as BTC, ETH, XRP Tanked on Saturday: Weekend Watch
HASH and WLFI are among the poorest performers, while HYPE is actually in the green daily.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.