Ethereum
Why Ethereum is up 2.3% in the last hour
Analysis
Ethereum (ETH) rose 2.3% over the last hour as traders appeared to rebound from recent stress and liquidation-driven volatility highlighted by AMBCrypto’s report on “FTX-era” deleveraging conditions. Sentiment may also have been steadied by broader attention around Ethereum’s ecosystem and market positioning following Decrypt’s coverage of Vitalik Buterin’s Polymarket bet, while the move comes after the sharp weekend-wide selloff described by CryptoPotato.
Contributing Factors (3)
Ethereum enters FTX-era stress: Is this structural deleveraging?
Risk-off flows drive liquidations, negative Funding Rates, and structural market stress.
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.