NewsBTC
Dec 17, 2025
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Ethereum Faces Sell Pressure Amid Major Liquidations and ETF Outflows

Ethereum Price and Market Activity

  • Ethereum's price has dropped below $3,000, reflecting more than short-term volatility.
  • The cryptocurrency has fallen approximately 12% over the past week, underperforming other major assets.
  • This decline led to over $200 million in liquidations, marking one of the largest events recently.

Ethereum ETH ETHUSD chart

Network Participation and Institutional Flows

  • Weekly active addresses for Ethereum have decreased from around 440,000 to about 324,000.
  • Transaction counts are at mid-year lows, indicating reduced engagement.
  • U.S. spot Ethereum ETFs have experienced over $224 million in outflows, with BlackRock's ETHA fund leading the exits.
  • Total net assets across U.S. spot ETH ETFs have decreased by more than $3 billion since mid-December.

Whale Activity and Technical Analysis

  • Over 28,500 ETH were sold by whale wallets recently, adding to selling pressure.
  • Despite this, ETH has maintained levels near $2,880, avoiding a sharp breakdown.
  • Technically, Ethereum remains in a medium-term downtrend, trading below key moving averages.
  • Resistance is between $3,050 and $3,120, with potential further downside to $2,800 or lower.