ET

Ethereum

ETH 24 Hour Move
+1.75%
$2,088.97 → $2,125.44

Why Ethereum is up 1.7% today

Analysis

Ethereum (ETH) rose 1.7% over the past 24 hours as reports highlighted renewed whale accumulation, with large holders adding roughly $280M in ETH—often read as supportive demand in the near term. At the same time, coverage around ETF-related flows and positioning suggested the market was actively digesting selling pressure, but the price still managed to grind higher.

Contributing Factors (3)

#1
AMBCrypto Whale Move 2 weeks ago

Is it time to buy Ethereum? Whales add $280M in ETH, but…

Whales have been keeping busy and so is the world's largest altcoin.

Confidence
82%
Read source
#2
U.Today ETF Flows 2 weeks ago

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.

Confidence
78%
Read source
#3
AMBCrypto ETF Flows 2 weeks ago

Will ‘under pressure’ Ethereum withstand the surge in selling?

Whales in Ethereum's market are keeping themselves busy.

Confidence
76%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↑ Bullish
Timeframe 24 Hours
Start Price $2,088.97
End Price $2,125.44
Change +1.75%
Detected Feb 8, 2026 8:00 PM

Explanation Confidence

80%

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