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Ethereum falls to $1,714, lowest since April 2025, amid heavy liquidations and ETF outflows.

Market News
05 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Ethereum's price dropped sharply to $1,714, the lowest since April 2025, marking a 10% weekly loss and over 31% decline year-to-date. This drop triggered $408 million in forced liquidations, mostly from bullish traders, while $52 million exited Ethereum ETFs, mainly BlackRock's product. Technical analysis suggests further downside risk toward $1,600 and $1,400 levels. Despite high leveraged long positions, bearish momentum remains strong, with critical support zones under pressure and resistance at $1,750 and $1,800.

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