Yeliz Akmaca 
Ethereum (ETH) price has been experiencing sharp declines recently. After a 27% crash in April 2025, dropping to $1,410, ETH remains under pressure today.
The selling wave in Asian markets hit the crypto market hard. While Bitcoin and altcoins saw losses of 6-12%, ETH fell 13.5% to $1,550. A total of $900 million in liquidations occurred. The $6 trillion loss in U.S. stock markets created pressure on risky assets.
Outflows in Ethereum ETFs
Ethereum ETFs in the U.S. recorded outflows of $82.47 million over seven weeks. This indicates waning investor interest. Galaxy Digital’s deposit of $79.37 million worth of ETH to Binance and Coinbase was perceived as a sell signal.
Ethereum Foundation Sales
On April 22, the Ethereum Foundation sent 1,000 ETH to Kraken. This move created additional selling pressure on the price. Similar sales in the past have triggered short-term price drops.
READ: CZ Proposes Crypto Reserve Plan for Kyrgyzstan!
Analysts’ Comments and Technical Analysis
Analyst Peter Brandt predicts ETH could fall to $800. Noting that the price is exhibiting a descending triangle pattern, Brandt highlights a 46% annual loss. Rekt Capital emphasizes that holding the $1,600-$2,000 range is critical. He adds that the RSI at 78 signals “overbought” conditions, suggesting a potential pullback. Benjamin Cowen states that ETH could drop another 10-15% before a recovery.
Positive Signals for Ethereum
Fidelity suggests that ETH’s 45% Q1 decline could be a bottom signal. On-chain data indicates the price is undervalued. Whale purchases of 15,563 ETH strengthen recovery expectations.
The Ethereum price crash stems from market sell-offs, ETF outflows, and Foundation sales. Analysts highlight the $1,600 level as critical. Whale purchases and on-chain data provide hope for recovery. Glassnode reported that whales bought 15,563 ETH, increasing hopes for a recovery at the $1,600 level. CoinGlass’s on-chain flow analysis shows net inflows turning positive, with whales buying at dip levels. However, one whale sold 2,056 ETH, opening a $3.72 million short position, reflecting uncertainty.
***Not Investment Advice ***
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.