ET

Ethereum

ETH 24 Hour Move
-6.07%
$1,765.52 β†’ $1,658.28

Why Ethereum is down 6.1% today

Analysis

Ethereum (ETH) fell 6.1% over the past 24 hours as a broader market selloff triggered a major leverage flush, with reports highlighting widespread liquidations across large-cap crypto including ETH. CryptoNews noted BTC slipping under key levels while ETH hit a β€œtriple bottom” amid the liquidation-driven move, reinforcing the downside momentum.

Contributing Factors (3)

#1
CoinGape Liquidation 3 hours ago

Crypto Market Crash: Over $100B Liquidated in Bitcoin, ETH, XRP, HYPE, DOGE, SPCX

Deeper crypto market crash risks are mounting amid sharp selloffs, with over $100 billion in market cap wiped out within hours. Over the past 24 hours, more than $700 million in liquidations have occu...

Confidence
93%
Read source
#2
CryptoNews Liquidation 5 hours ago

Crypto News, June 23: Why is Crypto Down? BTC USD Falls Under 63K, as ETH Hits Triple Bottom in Massive Leverage Flush

The real reason why crypto is down as BTC USD breaking support while ETH got slammed by cascading liquidations. Nikkei? The post Crypto News, June 23: Why is Crypto Down? BTC USD Falls Under 63K, as E...

Confidence
89%
Read source
#3
U.Today Regulatory 1 day ago

Ethereum (ETH) About to Do Something Unprecedented

Ethereum is facing the very real possibility of recording three consecutive losing quarters for the first time ever.

Confidence
78%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $1,765.52
End Price $1,658.28
Change -6.07%
Detected Jun 23, 2026 12:10 PM

Explanation Confidence

89%

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