Ethereum

ETH 1 Hour Move

-3.19%

$2,525.84 → $2,445.21

Why Ethereum is down 3.2% in the last hour

Analysis

Ethereum (ETH) fell 3.2% over the past hour as traders reacted to news that EigenLayer restaking deposits have surpassed 5 million ETH, highlighting continued growth in restaking participation. The update may have shifted short-term sentiment and positioning around ETH-linked restaking dynamics, contributing to near-term selling pressure.

Contributing Factors (1)

Bitcoinist Protocol Upgrade 11 hours ago

EigenLayer Restaking Deposits Cross 5M ETH

Read the latest update on EigenLayer Restaking Deposits Cross 5M ETH.

Confidence

72%

Read source

Move Details

Asset Ethereum

Symbol ETH

Direction ↓ Bearish

Timeframe 1 Hour

Start Price $2,525.84

End Price $2,445.21

Change -3.19%

Detected Sep 4, 2026 12:40 PM

Explanation Confidence

72%

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

Explore

ET More ETH moves ↓ All bearish moves 📊 View all moves

Back to Live Feed