ET

Ethereum

ETH 1 Hour Move
+1.10%
$2,865.79 → $2,897.36

Why Ethereum is up 1.1% in the last hour

Analysis

Ethereum (ETH) rose about 1.1% over the past hour as traders reacted to on-chain activity showing a long-dormant Ethereum whale resurfacing and moving roughly $145 million in ETH, a headline that can quickly shift short-term sentiment and liquidity expectations. Additional attention on Ethereum’s treasury/accumulation narrative—highlighted by Decrypt’s piece on SharpLink’s plans to be a more “focused, disciplined” Ethereum treasury—may have reinforced the bullish tone.

Contributing Factors (3)

#1
The Block Whale Move 3 weeks ago

Ethereum whale resurfaces after nine years, moves $145 million in ETH

An Ethereum whale moved 50,000 ETH on Sunday after approximately nine years of dormancy, according to onchain data.

Confidence
84%
Read source
#2
Decrypt Macro 3 weeks ago

How SharpLink Aims to Be the Most 'Focused, Disciplined' Ethereum Treasury in 2026

Ethereum treasury firm SharpLink Gaming hopes to stand apart from the pack by focusing on the long-term—with shareholders top of mind.

Confidence
70%
Read source
#3
AMBCrypto 4 weeks ago

Is buying Digitap ($TAP) like owning ETH at $80? Why $TAP is the best crypto to buy in 2026

In early 2017, the Ethereum price traded below $100. Few believed it would go on […]

Confidence
69%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $2,865.79
End Price $2,897.36
Change +1.10%
Detected Jan 26, 2026 7:20 AM

Explanation Confidence

77%

High confidence in the explanation based on source reliability and timing.