Ethereum
Why Ethereum is down 1.6% today
Analysis
Ethereum (ETH) slipped 1.6% over the past 24 hours as the broader market’s recovery looked shaky, with Bitcoin’s rebound stalling near $72K—often a headwind for ETH’s short-term momentum despite it recently reclaiming the $2K area. At the same time, multiple reports highlighted heavy whale accumulation and “pivoting” into ETH, but those inflows didn’t translate into immediate upside, suggesting buying interest was offset by broader risk-off pressure and profit-taking.
Contributing Factors (3)
Ethereum Reclaims $2K Level, Bitcoin Recovery Halted at $72K: Weekend Watch
Meanwhile, XRP and SOL are among the top performers today, with notable increases following the latest market crash.
'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..
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.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.