Ethereum
Why Ethereum is up 1.7% today
Analysis
Ethereum (ETH) rose 1.7% over the past 24 hours amid headlines pointing to renewed large-scale demand and ecosystem confidence. Decrypt reported that Tom Lee’s BitMine made its biggest Ethereum buy yet in 2026, supporting a bullish tone around institutional accumulation.
Contributing Factors (3)
Ethereum whale resurfaces after nine years, moves $145 million in ETH
An Ethereum whale moved 50,000 ETH on Sunday after approximately nine years of dormancy, according to onchain data.
Tom Lee's BitMine Makes Biggest Ethereum Buy Yet in 2026
Publicly traded Ethereum treasury firm BitMine Immersion Technologies added to its stash with its largest ETH acquisition of the year so far.
Ethereum Foundation Forms Post-Quantum Team as Security Concerns Mount
Ethereum researcher Justin Drake said the ecosystem is moving from research to execution as the threat from quantum computing draws closer.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.