Ethereum price falls to $1,555, down 1.3% in 24 hours

Ethereum is trading around $1,555, a 1.3% dip in the last 24 hours, as spot‑ETF outflows and a broader risk‑off mood push the second‑largest crypto further from its all‑time high [1][2].

Market pressure and on‑chain activity

The price slide follows six consecutive weeks of net outflows from spot‑ETF products, a pattern that has coincided with a 25% decline in ETH’s price since last month [1]. On‑chain, four 2018‑era addresses moved 33,623 ETH—worth roughly $52.5 million—over four hours, realizing an estimated $27.4 million profit [1]. Such concentrated transfers can tighten liquidity and amplify price swings, especially when combined with the ongoing ETF outflow trend.

Broader context and valuation gaps

Ethereum’s market cap sits at about $250 billion, placing it well behind Bitcoin’s $1.33 trillion but still far ahead of the third‑largest crypto, a gap that remains stable [2]. The token is trading roughly 58% below its August 2025 all‑time high of $4,946, a distance that fuels debate over entry points versus a potential bottom [2]. Staking now locks 30‑35% of circulating ETH, earning 3‑4% annual yields, which reduces the actively tradable supply and can exacerbate price moves when large holders sell [2].

Technical outlook

On the 2‑hour chart, ETH is testing a supply zone between $1,720 and $1,750, with the current price near $1,646, indicating bearish momentum remains intact [1]. The broken demand zone of $1,680‑$1,710 and a failed recovery above the descending trendline suggest sellers are still in control [1]. Short‑term targets cluster around $1,620, $1,530 and a deeper dip to $1,590 if the downtrend persists [1].

What to watch

• Price thresholds: $1,620 and $1,530 as near‑term support levels; a break below $1,590 could signal a sharper correction.
• ETF flows: Continued net outflows from spot‑ETF products would reinforce downward pressure.
• On‑chain large transfers: Additional moves of >30,000 ETH from old addresses could further tighten liquidity.

Ethereum’s price now reflects a confluence of macro risk aversion, ETF outflows and sizable on‑chain transfers, leaving the market at a crossroads between a potential bottom and a continuation of the bearish trend. The next few weeks of liquidity flows and price breaks will shape whether the asset stabilises above key support zones or slides deeper toward its historic lows.