ETH rises 1.02% in 15 minutes: technical correction combined with whale accumulation signals driving a short-term rebound

From 10:15 to 10:30 (UTC) on May 26, 2026, ETH rose by +1.02% within 15 minutes. Its price was lifted from 2099.98 USDT to 2122.68 USDT, with a range of 1.08%. Previously, ETH had been falling for four straight weeks and broke below the key support level of $2200. This move is a technical rebound after being oversold, and market attention has clearly increased.

The main driver behind this move is demand for a technical rebound. In May 2026, ETH fell for eight consecutive trading days, giving back all of April’s gains. In the short term, technical indicators showed oversold conditions, and internal rebound momentum triggered a price recovery. In addition, a positive feedback loop formed from whale accumulation signals: addresses holding more than 10,000 ETH collectively bought over 140,000 ETH in May. The accumulation of $162 million completed by the 0x81D address in January is still circulating in the market, influencing and attracting some investors to enter.

Meanwhile, the rise in the ETH/BTC ratio combined with a decline in Bitcoin’s dominance suggests that market funds are rotating from Bitcoin to Ethereum, providing structural support for ETH’s relative performance. Ethereum’s network fundamentals remain strong: 837,200 active addresses over the last 30 days, DEX trading volume of $51.2 billion, TVL of $81.76 billion, and ongoing network activity still at historical highs, providing fundamental support for the price. The positive signals released by the ETH Milan 2026 conference (May 21–22) continued to simmer after the event, influencing short-term trading behavior.

The current upswing falls within the range of a moderate rebound and has not yet shown any breakout characteristics. Investors should watch whether ETF fund flows continue to see outflows, how the $2200 key resistance level performs, and the risks from macro market volatility. Investors should prudently assess the sustainability of the market move and closely monitor on-chain fund movements and changes in the news environment.

ETH-2.65%
BTC-1.55%
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