ET

Ethereum

ETH 24 Hour Move
+3.24%
$2,829.17 → $2,920.93

Why Ethereum is up 3.2% today

Analysis

Ethereum (ETH) rose about 3.2% over the past 24 hours as headlines highlighted fresh institutional-style demand and treasury accumulation narratives. Decrypt reported Tom Lee’s BitMine made its biggest Ethereum buy yet in 2026, and also covered SharpLink’s push to build a more “focused, disciplined” Ethereum treasury—both of which can support bullish sentiment around sustained ETH buying.

Contributing Factors (3)

#1
The Block Whale Move 3 weeks ago

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.

Confidence
80%
Read source
#2
Decrypt Macro 3 weeks ago

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.

Confidence
74%
Read source
#3
Decrypt Macro 3 weeks ago

How SharpLink Aims to Be the Most 'Focused, Disciplined' Ethereum Treasury in 2026

Ethereum treasury firm SharpLink Gaming hopes to stand apart from the pack by focusing on the long-term—with shareholders top of mind.

Confidence
70%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↑ Bullish
Timeframe 24 Hours
Start Price $2,829.17
End Price $2,920.93
Change +3.24%
Detected Jan 27, 2026 12:20 AM

Explanation Confidence

76%

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