Ethereum
Why Ethereum is up 2.5% today
Analysis
Ethereum (ETH) rose about 2.5% over the past 24 hours as headlines highlighted fresh institutional-style demand and renewed attention on large holders. Decrypt reported that Tom Lee’s BitMine made its biggest Ethereum buy so far in 2026, and also covered SharpLink’s plan to run a tightly managed Ethereum treasury—both narratives that can support bullish sentiment.
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.
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.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.