ET

Ethereum

ETH 24 Hour Move
-6.53%
$2,993.08 β†’ $2,797.74

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 weren’t enough to prevent a near-term pullback.

Contributing Factors (1)

#1
AMBCrypto ETF Flows 3 weeks ago

Ethereum ETFs flip to $117mln inflows – Will ETH reclaim $3K next?

Institutional demand returned to Ethereum as network costs collapsed, yet momentum lagged.

Confidence
76%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $2,993.08
End Price $2,797.74
Change -6.53%
Detected Jan 29, 2026 6:45 PM

Explanation Confidence

76%

High confidence in the explanation based on source reliability and timing.