Ethereum Classic (ETC) news: what is happening today

Cryptocurrency
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2026-07-24
Ethereum Classic

Market summary from our own Hyperliquid data · updated 2026-07-25 04:14 UTC

Ethereum Classic falls 6.03% in a month, as our model stays defensive

Ethereum Classic is down 6.03% over a month. What follows is what sits behind that move: large-wallet positioning, derivatives, our own model.

What matters on Ethereum Classic right now?

Our own rules-based model reads Ethereum Classic at 26/100, which is SELL territory. What stands out right now:

What does the Ethereum Classic data show?

1. Ethereum Classic closed at a 365-day low

Ethereum Classic closed at $6.554, the lowest close in 365 days, clearing the previous trough by 3.42%. A fresh extreme means every holder from that window is now under water — which changes who is likely to sell into the next move.

2. MACD turned bearish

MACD flipped bearish: the fast average of price pulled below the slow one, which is the earliest of the trend signals we track and the noisiest. Market structure is still making lower highs and lower lows. The most recent daily candle pattern is three black crows. RSI (14) is 35.6.

3. Leverage is paying up to stay positioned

Perpetual funding runs at 46.84% annualised, so shorts are paying longs to keep their positions open. Funding is a crowding tax: the more one-sided the book, the more it costs to stay on that side, and the more likely the weakest hands there get squeezed out. Open interest stands at $1.2 M — that is the size of the leveraged book that has to be closed eventually.

Funding (annualised)−46.8%
Open interest$1.2 M

What has already happened to Ethereum Classic?

July 2026

  • New lowreconstructed
    Ethereum Classic closed at a 365-day low of $6.554Previous trough of the 365-day window $6.786, undercut by 3.42%
    −3.42%
  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles

June 2026

  • MACDreconstructed
    ETC’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
  • New lowreconstructed
    Ethereum Classic closed at a 180-day low of $6.795Previous trough of the 180-day window $7.266, undercut by 6.49%
    −6.49%
  • New lowreconstructed
    Ethereum Classic closed at a 180-day low of $7.266Previous trough of the 180-day window $7.590, undercut by 4.27%
    −4.27%
  • New lowreconstructed
    Ethereum Classic closed at a 180-day low of $7.590Previous trough of the 180-day window $7.865, undercut by 3.50%
    −3.50%
Show the earlier history (34 more entries)

May 2026

  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
  • New highreconstructed
    Ethereum Classic closed at a 90-day high of $9.779Previous peak of the 90-day window $9.388, exceeded by 4.17%
    +4.17%

April 2026

  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles

March 2026

  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles

February 2026

  • MACDreconstructed
    ETC’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
  • New lowreconstructed
    Ethereum Classic closed at a 180-day low of $8.031Previous trough of the 180-day window $9.332, undercut by 13.94%
    −13.94%
  • Sharp movereconstructed
    Ethereum Classic moved −13.94% in a day, 4.5× its 30-day volatility30-day standard deviation of daily returns 3.09%
    −13.94%

January 2026

  • New lowreconstructed
    Ethereum Classic closed at a 180-day low of $9.740Previous trough of the 180-day window $10.587, undercut by 8.00%
    −8.00%
  • New lowreconstructed
    Ethereum Classic closed at a 180-day low of $10.789Previous trough of the 180-day window $11.126, undercut by 3.03%
    −3.03%
  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
  • Sharp movereconstructed
    Ethereum Classic moved +8.52% in a day, 3.0× its 30-day volatility30-day standard deviation of daily returns 2.80%
    +8.52%

December 2025

  • New lowreconstructed
    Ethereum Classic closed at a 180-day low of $11.619Previous trough of the 180-day window $12.041, undercut by 3.50%
    −3.50%
  • New lowreconstructed
    Ethereum Classic closed at a 90-day low of $12.330Previous trough of the 90-day window $12.779, undercut by 3.51%
    −3.51%
  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
  • New lowreconstructed
    Ethereum Classic closed at a 90-day low of $12.963Previous trough of the 90-day window $13.476, undercut by 3.81%
    −3.81%

November 2025

  • New lowreconstructed
    Ethereum Classic closed at a 90-day low of $13.476Previous trough of the 90-day window $14.199, undercut by 5.09%
    −5.09%
  • Volumereconstructed
    ETC traded $2.6 M, 4.9× its 30-day median volume while price moved −2.40%30-day median volume $532 K
    −2.40%
  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
  • Volumereconstructed
    ETC traded $2.5 M, 4.7× its 30-day median volume while price moved −1.36%30-day median volume $548 K
    −1.36%
  • Open interestreconstructed
    ETC open interest rose 143.00% to $6.2 M while price moved +23.04%: new longs buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions
    +23.04%
  • Sharp movereconstructed
    Ethereum Classic moved +23.04% in a day, 4.0× its 30-day volatility30-day standard deviation of daily returns 5.83%
    +23.04%
  • Volumereconstructed
    ETC traded $2.3 M, 4.2× its 30-day median volume while price moved −4.83%30-day median volume $543 K
    −4.83%

October 2025

  • MACDreconstructed
    ETC’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
  • New lowreconstructed
    Ethereum Classic closed at a 90-day low of $14.358Previous trough of the 90-day window $17.869, undercut by 19.65%
    −19.65%
  • Sharp movereconstructed
    Ethereum Classic moved −25.13% in a day, 9.0× its 30-day volatility30-day standard deviation of daily returns 2.80%
    −25.13%
  • Volumereconstructed
    ETC traded $3.8 M, 7.0× its 30-day median volume while price moved −25.13%30-day median volume $545 K
    −25.13%

September 2025

  • MACDreconstructed
    ETC’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles

August 2025

  • MACDreconstructed
    ETC’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
  • Sharp movereconstructed
    Ethereum Classic moved +16.74% in a day, 4.2× its 30-day volatility30-day standard deviation of daily returns 4.01%
    +16.74%
  • Volumereconstructed
    ETC traded $2.9 M, 3.1× its 30-day median volume while price moved +16.74%30-day median volume $952 K
    +16.74%
  • Open interestreconstructed
    ETC open interest rose 173.53% to $7.1 M while price moved +5.46%: new longs buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions
    +5.46%
  • Volumereconstructed
    ETC traded $4.4 M, 4.0× its 30-day median volume while price moved +5.46%30-day median volume $1.1 M
    +5.46%

July 2025

  • Volumereconstructed
    ETC traded $2.3 M, 3.2× its 30-day median volume while price moved −6.19%30-day median volume $716 K
    −6.19%
  • Volumereconstructed
    ETC traded $3.0 M, 5.4× its 30-day median volume while price moved −2.84%30-day median volume $545 K
    −2.84%

Entries are produced by the Spottrench algorithm from Hyperliquid data.

What is next for Ethereum Classic?

Dates we can verify and levels that would change the read on Ethereum Classic. No project roadmaps here — only schedules that exist on-chain or in the company calendar, and thresholds measured from our own data.

  • Close below $6.421 (2.74% away)That is the floor of the 90-day range. A daily close below it undercuts the structure and would file a breakdown entry in the log above.
  • Model's 30-day marker: $6.448 (−2.33%)A deterministic projection from the same combined signal, damped by volatility and capped at support. It is arithmetic, not a forecast anyone stands behind — and certainly not advice.

Unlock schedule from DefiLlama; earnings dates from the company calendar.

The bottom line

Pulling it together, our combined signal reads SELL (26/100, where 50 is neutral). On the last closed day Ethereum Classic rose 0.73% against a category median of +0.00%, with 88 of 177 markets in the category closing lower. We do not claim to know why Ethereum Classic moved — everything above is measurement, not a cause.

Frequently asked questions

What is the latest news on Ethereum Classic?

The most recent development we recorded is: Ethereum Classic closed at a 365-day low (2026-07-24). This page is a dated log computed from market data rather than a press feed — every entry is a measurement with the date it happened.

How often is the Ethereum Classic page updated?

Once a day: it is recomputed after the daily candle closes, and the time of the last update is printed at the top of the page. Log entries are dated by the day the event happened, not the day we published it.

Where does the Ethereum Classic data on this page come from?

From Hyperliquid directly: daily candles, open interest, funding and the on-chain positions of active large wallets. Nothing here is copied from another site's article, and no language model writes the text — the wording is generated from the numbers by fixed rules.

Is this Ethereum Classic page investment advice?

No. It is an algorithmic summary of measured market data from Hyperliquid — price moves, positioning, derivatives and our own model. It is not investment advice and past performance does not guarantee future results.

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