Ethereum
Why Ethereum is down 7.0% today
Analysis
Ethereum (ETH) fell about 7% over the past 24 hours amid broader crypto market weakness and heavy risk-off selling that wiped roughly $200B from total market cap, pulling down major assets together over the weekend. At the same time, AMBCrypto pointed to “FTX-era” stress conditions for ETH, with liquidation and deleveraging pressures likely amplifying the downside move as positions were forced out.
Contributing Factors (3)
Ethereum enters FTX-era stress: Is this structural deleveraging?
Risk-off flows drive liquidations, negative Funding Rates, and structural market stress.
Ethereum Founder Vitalik Buterin Made $70K Betting Against 'Crazy Mode' on Polymarket
The Ethereum founder claims his strategy of betting against extreme market sentiment "usually makes money" on Polymarket.
$200 Billion Gone From Crypto Markets as BTC, ETH, XRP Tanked on Saturday: Weekend Watch
HASH and WLFI are among the poorest performers, while HYPE is actually in the green daily.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.