Ethereum
Why Ethereum is up 4.3% today
Analysis
Ethereum (ETH) rose 4.3% over the past 24 hours as traders reacted to reports of strong ETF-related demand and large “whale” accumulation, with U.Today highlighting that big market players are “buying ETH like crazy” and pivoting toward Ethereum. While AMBCrypto noted ETH has also faced bouts of selling pressure, the broader narrative around ETF flows and whale interest likely supported the upside move despite that overhang.
Contributing Factors (3)
'Buying ETH Like Crazy': Biggest Market Whales Are Pivoting
Large players turn into buying Ethereum instead of active selling activity we've been witnessing recently..
Ripple Invited to White House, Peter Brandt Calls Out Bitcoin Manipulation, Musk Endorses Dogecoin, Vitalik Buterin Dumps Ethereum — Top Weekly Crypto News
This week's top stories: Ripple joins White House crypto summit; Musk promises DOGE to the Moon; Brandt flags BTC market manipulation, CZ denies it; Buterin is selling his ETH holdings.
Will ‘under pressure’ Ethereum withstand the surge in selling?
Whales in Ethereum's market are keeping themselves busy.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.