ET

Ethereum

ETH 24 Hour Move
-5.39%
$2,002.45 → $1,894.45

Why Ethereum is down 5.4% today

Analysis

Ethereum (ETH) fell 5.4% over the past 24 hours as broader risk-off selling hit crypto alongside a wave of forced liquidations, with reports citing $293M in BTC/ETH/XRP liquidations amid escalating geopolitical tensions after the U.S. bombed Iran.

Contributing Factors (3)

#1
Bitcoinist ETF Flows 2 hours ago

Why Are XRP ETF Inflows Growing While Bitcoin And Ethereum Are Bleeding?

On-chain data shows that XRP exchange-traded funds (ETFs) have continued to attract steady inflows, while Bitcoin and Ethereum ETFs have recorded consecutive days of outflows. The difference in fund f...

Confidence
83%
Read source
#2
CoinGape Liquidation 1 day ago

Crypto Market Crash: BTC, ETH, XRP Liquidations Hit $293M As US Bombs Iran

Derivatives traders entered risk-off mode as the latest crypto market crash that intensified over the weekend. The decline in cryptocurrencies comes after the United States confirmed military strikes...

Confidence
81%
Read source
#3
CoinDesk ETF Flows 7 hours ago

Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX

Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according...

Confidence
79%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $2,002.45
End Price $1,894.45
Change -5.39%
Detected Jun 2, 2026 8:30 PM

Explanation Confidence

82%

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