Ethereum
Why Ethereum is down 6.5% today
Analysis
Ethereum (ETH) fell 6.5% over the past 24 hours despite a reported flip to $117M in net inflows for Ethereum ETFs, suggesting broader selling pressure outweighed the supportive flow headline. The AMBCrypto report highlights improving ETF demand, but the price action indicates that inflows alone werenβt enough to prevent a near-term pullback.
Contributing Factors (1)
Ethereum ETFs flip to $117mln inflows β Will ETH reclaim $3K next?
Institutional demand returned to Ethereum as network costs collapsed, yet momentum lagged.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.