Ethereum Dips Below $1,600 Amid $40M VC Sell-Off and ETF Outflows
Ethereum ( ETH ) is under pressure as it trades around $1,592 , following a 1.6% drop over the past 24 hours. The price decline is attributed to significant sell-offs by major investment firms and continued outflows from Ethereum-based ETFs.​ crypto.news
📊 Market Overview
Current Price : ~$1,592
24-Hour Range : $1,559.77 – $1,625.30
Market Cap : Approximately $191 billion
24-Hour Trading Volume : ~$12.7 billion
Year-to-Date High : $2,009.19 (March 26, 2025)
🧱 On-Chain Activity & Institutional Moves
In the past 24 hours, three major investment firms—Polychain Capital, Galaxy Digital, and B2C2—have collectively moved over $40 million worth of ETH to centralized exchanges. This activity suggests potential liquidation or reallocation strategies by these firms.
More: https://onthenode.com/analysis/ethereum-dips-below-1600-amid-40m-vc-sell-off-and-etf-outflows
Ethereum ( ETH ) is under pressure as it trades around $1,592 , following a 1.6% drop over the past 24 hours. The price decline is attributed to significant sell-offs by major investment firms and continued outflows from Ethereum-based ETFs.​ crypto.news
📊 Market Overview
Current Price : ~$1,592
24-Hour Range : $1,559.77 – $1,625.30
Market Cap : Approximately $191 billion
24-Hour Trading Volume : ~$12.7 billion
Year-to-Date High : $2,009.19 (March 26, 2025)
🧱 On-Chain Activity & Institutional Moves
In the past 24 hours, three major investment firms—Polychain Capital, Galaxy Digital, and B2C2—have collectively moved over $40 million worth of ETH to centralized exchanges. This activity suggests potential liquidation or reallocation strategies by these firms.
More: https://onthenode.com/analysis/ethereum-dips-below-1600-amid-40m-vc-sell-off-and-etf-outflows
| 12,000 mlx | |
| 29 | |
| 4 |
0 comments