ET

Ethereum

ETH 1 Hour Move
-1.43%
$1,887.86 → $1,860.94

Why Ethereum is down 1.4% in the last hour

Analysis

Ethereum (ETH) slipped 1.4% over the past hour as broader market risk-off moves triggered heavy derivatives unwinds, with reports of roughly $700M in crypto liquidations as BTC and ETH sold off ahead of the FOMC (CryptoPotato). Sentiment also faced pressure from a security-focused headline noting Ethereum led crypto hack losses in H1 2026, which can weigh on near-term confidence even without a new incident (Cointelegraph).

Contributing Factors (3)

#1
Cointelegraph Hack/Exploit 3 hours ago

Ethereum, Solana led crypto hack losses in H1 2026: Blockaid

Blockaid found Ethereum remained the hardest-hit blockchain in H1 2026, while Solana replaced Arbitrum as the network with the second-highest losses, driven largely by key compromises.

Confidence
97%
Read source
#2
CryptoPotato Liquidation 12 hours ago

$700 Million in Liquidations as BTC, ETH, XRP Plunge Ahead of FOMC

Roughly $80 billion left the space during the Tuesday morning crash.

Confidence
85%
Read source
#3
AMBCrypto ETF Flows 3 hours ago

Ethereum ETFs add $96M – Are institutions favoring ETH over Bitcoin?

Institutional investors continue to favor Ethereum as ETF demand and ecosystem growth strengthen its long-term outlook.

Confidence
77%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $1,887.86
End Price $1,860.94
Change -1.43%
Detected Jul 28, 2026 1:55 PM

Explanation Confidence

90%

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