Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?
Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.
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Bitcoin (BTC) $ 108,139.00
Ethereum (ETH) $ 2,513.46
Tether (USDT) $ 1.00
XRP (XRP) $ 2.32
BNB (BNB) $ 666.54
Solana (SOL) $ 172.88
USDC (USDC) $ 0.999793
Dogecoin (DOGE) $ 0.223330
Cardano (ADA) $ 0.741806
TRON (TRX) $ 0.269510
Lido Staked Ether (STETH) $ 2,509.54
Wrapped Bitcoin (WBTC) $ 107,889.00
Sui (SUI) $ 3.62
Hyperliquid (HYPE) $ 33.79
Wrapped stETH (WSTETH) $ 3,021.57
Chainlink (LINK) $ 15.41
Avalanche (AVAX) $ 22.88
Stellar (XLM) $ 0.285793
Shiba Inu (SHIB) $ 0.000014
Bitcoin Cash (BCH) $ 420.24
LEO Token (LEO) $ 8.84
Hedera (HBAR) $ 0.187359
Toncoin (TON) $ 3.02
Monero (XMR) $ 402.50
Litecoin (LTC) $ 95.53
WETH (WETH) $ 2,511.89
Polkadot (DOT) $ 4.52
USDS (USDS) $ 0.999794
Bitget Token (BGB) $ 5.54
Wrapped eETH (WEETH) $ 2,676.45
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Pepe (PEPE) $ 0.000014
Pi Network (PI) $ 0.779411
Ethena USDe (USDE) $ 1.00
WhiteBIT Coin (WBT) $ 31.77
Coinbase Wrapped BTC (CBBTC) $ 108,022.00
Aave (AAVE) $ 264.68
Bittensor (TAO) $ 432.94
Dai (DAI) $ 0.999934
Uniswap (UNI) $ 6.08
NEAR Protocol (NEAR) $ 2.76
Aptos (APT) $ 5.27
Jito Staked SOL (JITOSOL) $ 208.18
OKB (OKB) $ 52.19
Ondo (ONDO) $ 0.938550
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Cronos (CRO) $ 0.095434
Kaspa (KAS) $ 0.107489
Ethereum Classic (ETC) $ 18.27
Internet Computer (ICP) $ 5.19
Tokenize Xchange (TKX) $ 34.00
Ethena Staked USDe (SUSDE) $ 1.17
Gate (GT) $ 21.32
Official Trump (TRUMP) $ 12.85
Mantle (MNT) $ 0.734955
Render (RENDER) $ 4.69
VeChain (VET) $ 0.027267
Artificial Superintelligence Alliance (FET) $ 0.852955
USD1 (USD1) $ 1.00
Ethena (ENA) $ 0.368144
Cosmos Hub (ATOM) $ 4.70
Worldcoin (WLD) $ 1.39
POL (ex-MATIC) (POL) $ 0.231402
Lombard Staked BTC (LBTC) $ 107,560.00
sUSDS (SUSDS) $ 1.05
Fasttoken (FTN) $ 4.42
Arbitrum (ARB) $ 0.389917
Filecoin (FIL) $ 2.81
Algorand (ALGO) $ 0.217236
Celestia (TIA) $ 2.55
First Digital USD (FDUSD) $ 0.998517
Bonk (BONK) $ 0.000021
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.60
Jupiter (JUP) $ 0.543610
Binance-Peg WETH (WETH) $ 2,516.41
Binance Staked SOL (BNSOL) $ 181.57
Sonic (prev. FTM) (S) $ 0.462166
Fartcoin (FARTCOIN) $ 1.40
KuCoin (KCS) $ 11.20
Quant (QNT) $ 95.37
Stacks (STX) $ 0.892048
Virtuals Protocol (VIRTUAL) $ 1.99
Injective (INJ) $ 13.12
NEXO (NEXO) $ 1.27
Kelp DAO Restaked ETH (RSETH) $ 2,623.94
Optimism (OP) $ 0.731810
Flare (FLR) $ 0.018587
Rocket Pool ETH (RETH) $ 2,850.71
Story (IP) $ 4.25
USDT0 (USDT0) $ 1.00
Sei (SEI) $ 0.222023
Immutable (IMX) $ 0.628878
dogwifhat (WIF) $ 1.10
EOS (EOS) $ 0.721038
XDC Network (XDC) $ 0.068440
Solv Protocol BTC (SOLVBTC) $ 108,078.00
Maker (MKR) $ 1,637.07
Curve DAO (CRV) $ 0.763270
The Graph (GRT) $ 0.106981
FLOKI (FLOKI) $ 0.000098- Bitcoin (BTC) $ 108,139.00
- Ethereum (ETH) $ 2,513.46
- Tether (USDT) $ 1.00
- XRP (XRP) $ 2.32
- BNB (BNB) $ 666.54
- Solana (SOL) $ 172.88
- USDC (USDC) $ 0.999793
- Dogecoin (DOGE) $ 0.223330
- Cardano (ADA) $ 0.741806
- TRON (TRX) $ 0.269510
- Lido Staked Ether (STETH) $ 2,509.54
- Wrapped Bitcoin (WBTC) $ 107,889.00
- Sui (SUI) $ 3.62
- Hyperliquid (HYPE) $ 33.79
- Wrapped stETH (WSTETH) $ 3,021.57
- Chainlink (LINK) $ 15.41
- Avalanche (AVAX) $ 22.88
- Stellar (XLM) $ 0.285793
- Shiba Inu (SHIB) $ 0.000014
- Bitcoin Cash (BCH) $ 420.24
- LEO Token (LEO) $ 8.84
- Hedera (HBAR) $ 0.187359
- Toncoin (TON) $ 3.02
- Monero (XMR) $ 402.50
- Litecoin (LTC) $ 95.53
- WETH (WETH) $ 2,511.89
- Polkadot (DOT) $ 4.52
- USDS (USDS) $ 0.999794
- Bitget Token (BGB) $ 5.54
- Wrapped eETH (WEETH) $ 2,676.45
- Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
- Pepe (PEPE) $ 0.000014
- Pi Network (PI) $ 0.779411
- Ethena USDe (USDE) $ 1.00
- WhiteBIT Coin (WBT) $ 31.77
- Coinbase Wrapped BTC (CBBTC) $ 108,022.00
- Aave (AAVE) $ 264.68
- Bittensor (TAO) $ 432.94
- Dai (DAI) $ 0.999934
- Uniswap (UNI) $ 6.08
- NEAR Protocol (NEAR) $ 2.76
- Aptos (APT) $ 5.27
- Jito Staked SOL (JITOSOL) $ 208.18
- OKB (OKB) $ 52.19
- Ondo (ONDO) $ 0.938550
- BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
- Cronos (CRO) $ 0.095434
- Kaspa (KAS) $ 0.107489
- Ethereum Classic (ETC) $ 18.27
- Internet Computer (ICP) $ 5.19
- Tokenize Xchange (TKX) $ 34.00
- Ethena Staked USDe (SUSDE) $ 1.17
- Gate (GT) $ 21.32
- Official Trump (TRUMP) $ 12.85
- Mantle (MNT) $ 0.734955
- Render (RENDER) $ 4.69
- VeChain (VET) $ 0.027267
- Artificial Superintelligence Alliance (FET) $ 0.852955
- USD1 (USD1) $ 1.00
- Ethena (ENA) $ 0.368144
- Cosmos Hub (ATOM) $ 4.70
- Worldcoin (WLD) $ 1.39
- POL (ex-MATIC) (POL) $ 0.231402
- Lombard Staked BTC (LBTC) $ 107,560.00
- sUSDS (SUSDS) $ 1.05
- Fasttoken (FTN) $ 4.42
- Arbitrum (ARB) $ 0.389917
- Filecoin (FIL) $ 2.81
- Algorand (ALGO) $ 0.217236
- Celestia (TIA) $ 2.55
- First Digital USD (FDUSD) $ 0.998517
- Bonk (BONK) $ 0.000021
- Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.60
- Jupiter (JUP) $ 0.543610
- Binance-Peg WETH (WETH) $ 2,516.41
- Binance Staked SOL (BNSOL) $ 181.57
- Sonic (prev. FTM) (S) $ 0.462166
- Fartcoin (FARTCOIN) $ 1.40
- KuCoin (KCS) $ 11.20
- Quant (QNT) $ 95.37
- Stacks (STX) $ 0.892048
- Virtuals Protocol (VIRTUAL) $ 1.99
- Injective (INJ) $ 13.12
- NEXO (NEXO) $ 1.27
- Kelp DAO Restaked ETH (RSETH) $ 2,623.94
- Optimism (OP) $ 0.731810
- Flare (FLR) $ 0.018587
- Rocket Pool ETH (RETH) $ 2,850.71
- Story (IP) $ 4.25
- USDT0 (USDT0) $ 1.00
- Sei (SEI) $ 0.222023
- Immutable (IMX) $ 0.628878
- dogwifhat (WIF) $ 1.10
- EOS (EOS) $ 0.721038
- XDC Network (XDC) $ 0.068440
- Solv Protocol BTC (SOLVBTC) $ 108,078.00
- Maker (MKR) $ 1,637.07
- Curve DAO (CRV) $ 0.763270
- The Graph (GRT) $ 0.106981
- FLOKI (FLOKI) $ 0.000098