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ETH Price Drops 16% Amid Strong Selling Pressure

2 mins mins

Key Points:

  • ETH price dropped 16.18%, reflecting ongoing market pressure.
  • ETF inflows haven’t stabilized prices, indicating a sentiment disconnect.
  • Analysts foresee continued challenges ahead of March’s Ethereum network upgrade.
ETH Price Drops 16% Amid Strong Selling Pressure

Ethereum’s price may continue to face pressure due to a recent 16.18% drop, claiming a value of $2,642.37 as of February 10, 2025. Significant market selling pressure contributes to that decline despite $500 million in inflows into Ethereum spot ETFs.

Analysts express caution, noting a lukewarm response to an upcoming network upgrade and bearish trading trends. That ongoing uncertainty and muted investor sentiment could maintain downward pressure on ETH in the near future, as further insights suggest.

Ethereum ETFs See $500M Inflows, But ETH Price Drops 16%

As Ethereum (ETH) spot exchange-traded funds (ETFs) attract investment, the cryptocurrency’s price has encountered significant hurdles.

In February 2025, despite witnessing nearly $500 million in inflows, ETH’s price declined by 16.18%, currently standing at $2,642.37.

Weekly net inflows into Ethereum spot ETFs on 10 Feb 2025
Weekly net inflows into Ethereum spot ETFs on 10 Feb 2025. Source: SoSoValue

The total value of these ETFs is $9.88 billion, with major contributions from BlackRock’s ETHA and Fidelity’s FETH.

While analysts see the potential for recovery, strong market selling pressure and a tepid response to the forthcoming Ethereum network upgrade contribute to ongoing uncertainty.

BlackRock, Fidelity Lead $3.18B ETH ETF Inflows Amid Sell-Off

Investor interest in Ethereum (ETH) spot ETFs surged in February 2025, with Ethereum spot ETFs having seen a cumulative inflow of $3.18B, including $420 million last week.

BlackRock’s ETHA led with $4.42B, followed by Fidelity’s FETH with $1.51B. However, ETH prices fell 16.18%, reflecting ongoing selling pressure.

A Matrixport report suggests a lukewarm response to the upcoming Ethereum network upgrade may dampen investor hopes for a rebound. Coinbase analysts noted a growing trader preference for ETH, while a Matrixport report indicates persistent selling pressure.

Institutional interest is rising, but analysts predict continued price challenges, especially ahead of the March network upgrade.

Ethereum Daily Chart (Feb 10, 2025)
Ethereum Daily Chart (Feb 10, 2025). Source: TradingView

As of this writing, ETH’s price stands at $2,642.37, with muted market sentiment limiting prospects for a significant recovery.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Akinyemi Okedeji Amoo

10 February 2025, 07:41:54 GMT +0000

Akinyemi Okedeji Amoo, known as Tony, is a seasoned Web3 content strategist specializing in crypto journalism, PR, and SEO-driven content marketing. With six years of experience in cryptocurrency media, he has crafted high-impact presale articles and educational content that bridge the gap between blockchain innovation and mainstream adoption.

Passionate about blockchain’s role in reshaping global finance, Tony positions himself as a thought leader, delivering in-depth analyses and compelling narratives. At Coincu.com, he leverages his expertise to produce insightful, data-driven content that empowers readers with actionable knowledge on digital assets and emerging Web3 trends.

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