Ethereum
Why Ethereum is up 1.1% in the last hour
Analysis
Ethereum (ETH) rose about 1.1% over the past hour as headlines pointed to renewed institutional interest in ETH exposure, with U.Today reporting Harvard trimmed its Bitcoin ETF stake and bought Ethereum instead. The move may also reflect post-liquidation stabilization after a major deleveraging event, as U.Today covered a $250M whale liquidation that can clear excess leverage and support a short-term rebound.
Contributing Factors (3)
Harvard Trims Bitcoin ETF Stake by 21%, Buys Ethereum Instead
Harvard has divested its Bitcoin holdings into Ethereum amid price sell-offs.
COIN Stock Surges 16% as Coinbase Users Buy BTC, ETH Dip
The stock price of Coinbase (COIN) increased by 16% at the close of the last trading session, coinciding with the update by CEO Brian Armstrong that its retail users had accumulated significant amount...
Ethereum Deleveraging: Hyperunit Whale Account Liquidated in $250 Million Event
Hyperliquid whale has ended its long bet after $250 million loss on Ethereum amid price crash.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.