ET

Ethereum

ETH 1 Hour Move
-1.47%
$2,517.90 → $2,480.88

Why Ethereum is down 1.5% in the last hour

Analysis

Ethereum (ETH) slipped about 1.5% over the past hour as traders reacted to renewed security-related headlines around the Ethereum app on Ledger devices. AMBCrypto reported that Ledger publicly pushed back against claims of an Ethereum app flaw, calling the allegations “manufacturing fear for attention,” which can still weigh on sentiment and prompt short-term risk-off positioning despite the rebuttal.

Contributing Factors (1)

#1
AMBCrypto Regulatory 4 hours ago

Ledger pushes back on Ethereum app flaw claims: ‘Manufacturing fear for attention’

On what grounds did Ledger accuse TestMachine of irresponsible disclosure?

Confidence
86%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $2,517.90
End Price $2,480.88
Change -1.47%
Detected Aug 24, 2026 4:00 PM

Explanation Confidence

86%

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