Ethereum Records Historic Three-Quarter Losing Streak Amid Massive Sell-Off

Key Facts

In a move reflecting deepening pessimism across digital asset markets, Ethereum has recorded three consecutive negative quarterly closes for the first time in its history. According to reports, large-scale investors, often termed "whales," liquidated approximately $900 million of the asset over the course of a single week. Ethereum's price is currently trading around $1,560, representing a significant 70% decline from its all-time high near $5,000.

This historic downturn comes as major cryptocurrencies face similar selling pressure, with Bitcoin also experiencing sharp quarterly declines during the same period per market data. Compared to the previous quarter, the pace of institutional capital outflow has accelerated, with analytics platforms like Glassnode indicating that exchange net flows have reached record negative levels. This performance stands in stark contrast to prior growth cycles, placing additional strain on retail trader sentiment globally.

Looking ahead, Ethereum was priced at $1,560 (close 2026-07-01), with markets closely watching psychological support levels near $1,500. Traders should monitor upcoming US economic catalysts that influence risk appetite, including the Fed Barkin speech scheduled for June 28, 2026, which may provide signals on monetary policy and its indirect impact on high-risk assets.