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Ethereum hits first-ever 3rd straight quarterly loss, stuck near $1,500 amid whale selling and weak institutional demand.

Market News
01 Jul 2026
Crypto news
View Source
Bearish
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Ethereum has recorded its first-ever third consecutive quarterly loss, trading near the $1,500 support level due to quarter-end selling, whale distribution, and weak institutional flows. Despite corporate treasury accumulation by SharpLink and Bitmine, heavy selling pressure from large holders and ETF outflows have kept prices under pressure. Technical indicators show Ethereum trapped between $1,500 and $1,650, with reclaiming $1,700 seen as key to reversing the downtrend. Failure to hold $1,500 could lead to further declines toward $1,400 or lower amid ongoing macroeconomic uncertainties and subdued risk appetite.

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