ET

Ethereum

ETH 24 Hour Move
-2.80%
$2,529.10 → $2,458.25

Why Ethereum is down 2.8% today

Analysis

Ethereum (ETH) fell 2.8% over the past 24 hours as sentiment weakened around ETH-related investment products, with reports showing Ethereum ETFs seeing net outflows while Bitcoin ETFs attracted fresh inflows of about $100 million. That rotation of capital away from ETH exposure likely added near-term selling pressure despite continued ecosystem activity such as EigenLayer restaking deposits surpassing 5M ETH, which did not translate into immediate price support.

Contributing Factors (3)

#1
Bitcoinist Protocol Upgrade 1 day ago

EigenLayer Restaking Deposits Cross 5M ETH

Read the latest update on EigenLayer Restaking Deposits Cross 5M ETH.

Confidence
68%
Read source
#2
U.Today ETF Flows 2 days ago

Solana, XRP, Ethereum ETFs in Red as Bitcoin ETF Adds $100 Million

Bitcoin ETFs attracted more than $100 million in fresh inflows as Ethereum, XRP and Solana funds slipped into the red.

Confidence
66%
Read source
#3
AMBCrypto 7 hours ago

Lighter outpaces HYPE & ETH, but can it hold on to its 13% gains?

Examining why Lighter has been making new highs over the last three days.

Confidence
65%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $2,529.10
End Price $2,458.25
Change -2.80%
Detected Sep 5, 2026 9:10 AM

Explanation Confidence

67%

Moderate confidence. Multiple factors may be contributing.