ET

Ethereum

ETH 24 Hour Move
-3.14%
$1,669.50 → $1,617.04

Why Ethereum is down 3.1% today

Analysis

Ethereum (ETH) fell 3.1% over the past 24 hours as a broader crypto sell-off intensified, with Bitcoin’s drop pulling major altcoins lower. Reports pointed to a large leverage flush and liquidation wave—CryptoNews noted ETH hitting a “triple bottom” amid a massive leverage washout, while CoinGape highlighted widespread liquidations across major tokens.

Contributing Factors (3)

#1
CryptoNews Liquidation 1 day 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
81%
Read source
#2
CoinGape Liquidation 1 day 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
81%
Read source
#3
Decrypt 6 hours ago

'Painful' Bitcoin Sell-Off Drags Ethereum, XRP and Dogecoin Lower as Crypto Stocks Dive

Bitcoin's slide to its lowest point in 21 months slammed the price of leading altcoins, while pressuring crypto stocks on Wall Street.

Confidence
81%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $1,669.50
End Price $1,617.04
Change -3.14%
Detected Jun 25, 2026 2:21 AM

Explanation Confidence

81%

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