Ethereum Price Today, November 26, 2025: ETH Holds Above $2,900 as ETF Inflows and Whales Signal Cautious Optimism

Ethereum (ETH) is trading comfortably above the $2,900 mark today, November 26, 2025, with on‑chain whales, institutional ETF buyers and rate‑cut expectations all pulling the market in a cautiously bullish direction.

At the time of writing, global aggregate data puts Ethereum around $2,900 per coin, with 24‑hour moves of roughly +0.5–1% and an intraday range near $2,860–$2,975. ^[1] That keeps ETH just below the psychologically important $3,000 level that traders are watching as the next major breakout zone.

Ethereum price today (26 November 2025) — key numbers

All figures are approximate and change throughout the day:

ETH price (USD): about $2,900
24h performance: roughly +0.5–1% ^[2]
24h trading range: around $2,860 – $2,975 ^[3]
Market capitalization: roughly $350–355 billion ^[4]
24h trading volume: about $22 billion ^[5]
Market dominance: ~11–12% of the global crypto market by value ^[6]

In INR terms, major Indian exchanges and data providers quote Ethereum at about ₹2.59 lakh (₹259,000) per ETH this afternoon, up 0.73% over the last 24 hours. ^[7]

Over a longer horizon, Ethereum remains in a recovery phase:

30‑day performance: up roughly 30%
1‑year performance: up around 14–15%
Still trading about 40% below its August 2025 all‑time high near $4,950. ^[8]

So, despite the big drawdown from summer highs, ETH has quietly staged a notable rebound into late November.

What is driving Ethereum today?

1. Spot Ethereum ETFs see fresh inflows

One of today’s clearest drivers is renewed institutional demand via spot ETFs:

A Coinpaper report shows spot Bitcoin and Ethereum ETFs drew a combined $207 million in net inflows on November 25, with Ethereum products alone taking in about $78 million. ^[9]
BlackRock’s iShares Ethereum Trust and Fidelity’s Ethereum fund accounted for the bulk of this, together bringing in more than $90 million. ^[10]
A separate analysis highlighted by CoinGecko notes that US spot Ethereum ETFs recorded about $96.67 million of net inflows, while a large whale wallet added nearly 70,000 ETH, helping price hold above $2,900. ^[11]

These flows matter because they:

Signal continued institutional accumulation despite volatility
Offset some of the outflows from older, higher‑fee products (such as legacy Grayscale trusts) ^[12]
Help legitimize ETH as a mainstream asset in traditional portfolios

In short: ETF money is quietly buying the dip, even while retail sentiment remains cautious.

2. Whales and treasury-style buyers are accumulating ETH

Large holders are also in focus today.

Indonesian exchange Pintu reports that BitMine Immersion, a crypto‑treasury style company, now holds about 3.63 million ETH — roughly 3% of Ethereum’s circulating supply — and has added almost 70,000 ETH in the past weekalone. The firm has publicly stated an ambition to reach 5% of the total ETH supply over time. ^[13]

This sort of strategic hoarding:

Reduces available liquid supply
Reinforces the narrative of ETH as a long‑term “digital infrastructure” asset, not just a trading token
Echoes the “Bitcoin on corporate balance sheets” trend — but applied to Ethereum

Analysts quoted alongside the BitMine figures frame the current environment as a “compression phase” in a descending channel: volatility is muted, but any decisive breakout from the channel could set the direction for the next major move. ^[14]

3. Macro backdrop: rate‑cut odds and a fragile risk mood

Today’s ETH action sits at the crossroads of bullish liquidity expectations and lingering macro fear:

A widely cited macro roundup from 99Bitcoins notes that Fed rate‑cut odds for an upcoming meeting have surged from around 25–30% to over 80% in just days, based on CME FedWatch data. ^[15]
That jump in expectations effectively loosens financial conditions, supporting risk assets like Bitcoin and Ethereum.
At the same time, BusinessToday highlights that both Bitcoin and Ethereum are “struggling for direction” amid thinning liquidity and a slowdown in ETF inflows, with ETH swinging between roughly $2,860 and $2,978during the session and appearing choppy on the week. ^[16]

CoinCentral adds another macro layer: Fed rate‑cut odds near 80% and renewed ETF inflows are coinciding with fresh whale buying, helping ETH hold above $2,900. ^[17]

Net effect: the big picture is supportive, but short‑term sentiment is still fragile, which explains why ETH is grinding sideways under $3,000 rather than exploding higher.

Technical picture: ETH stuck under $3,000 — for now

Technically, Ethereum is in a tight battle around the $2,900–$3,000 zone.

Several independent analyses released today line up on a similar set of levels:

Immediate resistance:
- Around $3,000 as the first ceiling
- Then $3,100–$3,132, reinforced by short‑term moving averages ^[18]
Short‑term bullish targets if resistance breaks:
- $3,400 over the next week (Blockchain.News 7‑day forecast) ^[19]
- A wider $3,400–$4,000 recovery zone if current support holds, according to Brave New Coin’s “vector candle” analysis. ^[20]
Key support levels:
- $2,850–$2,900 as immediate support
- $2,750 and the recent cycle low near $2,659 below that ^[21]
- A deeper “line in the sand” near $2,300 in the most bearish scenarios. ^[22]

Pintu and FX Leaders both note that ETH remains in a medium‑term downtrend / descending channel, with the 9‑day EMA sitting near resistance around $2,900, capping attempts to push higher. A sustained close above this region would be an early sign that bulls are regaining control. ^[23]

Meanwhile, a NewsBTC‑linked update via CryptoRank points out that ETH has started a recovery wave above $2,850, and is currently up modestly on the day around $2.90k. ^[24]

How today fits into November’s Ethereum story

To make sense of today’s relatively calm tape, it helps to zoom out:

From August ATH to today: ETH has fallen about 40% from its August 2025 high near $4,950 to today’s ~$2,900 region. ^[25]
This month’s volatility: Historical data from major aggregators shows ETH sliding sharply earlier in November from above $3,100–$3,200 down toward the high‑$2,600s, before bouncing back into the high‑$2,800s and low‑$2,900s. ^[26]
Altcoin rotation hints: 99Bitcoins notes that while Ethereum has held support above $2,900 after “shaky weeks,” the Total3 index (altcoins excluding BTC and ETH) has started to curl higher — a pattern that often precedes an “early altseason”. ^[27]

Put together, today looks like a pause in the middle of a larger tug‑of‑war:

Bears point to the steep drawdown from August and the unresolved macro risks.
Bulls highlight ETF inflows, whale accumulation and improving altcoin breadth as signals that a base may be forming above $2,850–$2,900.

Fundamental headlines around Ethereum today

Beyond raw price action, several Ethereum‑related stories are circulating on November 26:

Vitalik Buterin & privacy tooling: On‑chain trackers note that an address linked to Ethereum co‑founder Vitalik Buterin recently moved about 1,006 ETH into the privacy protocol Railgun, adding fuel to ongoing debates about privacy and compliance on Ethereum. ^[28]
Uniswap “fee switch” governance: CoinGecko’s news feed also flags that Uniswap Labs has deployed its long‑discussed “fee switch” proposal contract to mainnet, pushing the protocol closer to an on‑chain vote that could share a portion of trading fees with UNI governance participants. ^[29]
Narrative-heavy price predictions:
- A widely shared CryptoNews piece ties an alleged “major bank leak” and new comments from Vitalik into a bullish chart pattern, sketching scenarios where ETH could revisit $5,500 or even $10,000 over the long term — while acknowledging that this would require a major expansion in Ethereum’s role in global finance. ^[30]
- Another “supercycle” themed analysis from AInvest argues that depressed valuation metrics and large treasury holdings (including BitMine’s) create a “buy‑the‑dip” opportunity, talking about far‑future targets in the tens of thousands of dollars per ETH. ^[31]

These more extreme forecasts are highly speculative, but they help explain why long‑horizon investors are still willing to accumulate ETH even in a choppy market.

Ethereum price prediction short term: what traders are watching

Most serious short‑term analyses today converge on a scenario‑based view rather than a single price target:

Bullish scenario (next 7–30 days) ^[32]

ETH holds above $2,850–$2,900 support.
Spot ETF inflows stay positive or accelerate.
Macro data keeps Fed rate‑cut odds elevated.
In this case, analysts see room for a break above $3,000, then a push toward $3,200–$3,400, with some models extending as far as $4,000 if momentum overshoots.

Bearish scenario ^[33]

ETH loses $2,850, then the recent cycle low around $2,659.
ETF inflows stall or flip negative, and macro sentiment turns sharply risk‑off again.
That opens the door to a test of the $2,600–$2,800 “critical zone” mentioned by multiple analysts, and potentially a deeper flush closer to $2,300 in a full risk‑off event.

For now, today’s price action — ETH holding just above $2,900, with modest green candles and steady volume — suggests the market is leaning slightly toward the bullish scenario but waiting for confirmation.

FAQ: common questions about Ethereum price today

Is Ethereum going up or down today?

As of November 26, 2025, Ethereum is modestly up on the day, roughly 0.5–1% higher than 24 hours ago, trading around $2,900 with relatively tight intraday swings. ^[34]

Why is Ethereum holding around $2,900?

Because three forces are roughly balancing each other:

Supportive: Strong ETF inflows into spot Ethereum products and large‑holder accumulation (BitMine, whale wallets). ^[35]
Supportive: Rising Fed rate‑cut expectations and growing institutional comfort treating crypto as a mainstream macro asset class. ^[36]
Negative: Ongoing macro uncertainty, thinning liquidity and a medium‑term downtrend, which keep traders wary of chasing rallies above $3,000. ^[37]

Is this a good time to buy Ethereum?

That depends entirely on your risk tolerance, time horizon, and portfolio:

Short‑term traders are treating the $2,850–$2,900 zone as key support and $3,000–$3,100 as resistance, trading the range. ^[38]
Longer‑term investors referenced in today’s research argue that sub‑$3,000 ETH still looks attractive relative to its historical highs and the size of the DeFi/NFT/Web3 ecosystem it powers — but they also stress that volatility and drawdown risk remain high. ^[39]

Nothing in this article is financial advice. Crypto assets are high‑risk and highly volatile, and you should do your own research, consider speaking with a licensed financial professional, and never invest money you cannot afford to lose.

What to watch next for ETH

Going into the rest of the week, Ethereum traders and investors will be watching:

Daily ETF flow data for Bitcoin and Ethereum
Price action around $3,000 and $2,850
US macro releases and Fed commentary that could shift rate‑cut expectations again
On‑chain governance moves, such as the Uniswap fee switch, that could affect protocol revenues and DeFi demand on Ethereum ^[40]

If ETF inflows stay strong and macro conditions don’t deteriorate, today’s calm grind above $2,900 could turn out to be the launchpad for a fresh test of $3,000+. If not, the market may continue to chop sideways — or retest the lower end of this month’s range.

If you invest in Ethereum.. HOLD ON!! ETH to skyrocket 🚀📈