Ethereum Slides 10% as Crypto Sell-Off Hits Bitcoin, Solana and Others

Ethereum dropped roughly 10% in a broad crypto sell-off early on Sunday, with Bitcoin and most large altcoins falling alongside it. For traders, the move is a reminder of how quickly leveraged positions can unwind when sentiment turns, especially over a weekend when some traditional markets are closed.

Key takeaways

• Investing.com reported that Ethereum was down 10.37% on the day, its biggest one-day percentage loss since June 5.
• The weakness was market-wide: Bitcoin, BNB, XRP, Solana and Dogecoin all lost between roughly 8% and 13%.
• Ethereum has lost about 22% over seven days and is still far below its August 2025 record.
• Recent days brought heavy liquidations of leveraged long positions and a run of US spot Bitcoin ETF outflows.

What happened

According to Investing.com, Ethereum was trading at $1,728.12 at 01:03 GMT on Sunday, down 10.37% on the day. The outlet noted that it was the largest one-day percentage loss since June 5. Its data also showed that Ethereum lost 21.98% over the past seven days and that it remains 65.13% below its all-time high of $4,955.90, set on August 24, 2025.

Ethereum's market value was reported at $213.00B, or 9.93% of the total cryptocurrency market cap. Trading activity was heavy, with $18.68B of Ethereum changing hands in 24 hours, or 18.10% of total crypto volume.

Market reaction across the majors

Our own snapshot at 01:28 UTC shows the sell-off was not limited to Ether. Several major coins fell by a similar or larger amount.

TRON was the clear outlier, falling far less than the rest. Ethereum's day range ran from 1,737.28 at the low end of the quoted band to 1,926.77 at the top, so the price is trading at the bottom of that range.

Background: a rough week for crypto

The Sunday drop follows several days of pressure. Reports from earlier in the week pointed to a tech and AI stock sell-off spilling into digital assets, with over $1 billion in liquidations as Bitcoin fell and Ethereum dropped over 7%. A liquidation happens when an exchange automatically closes a leveraged position after losses push the trader's collateral below the required level. That forced selling can add to downward momentum.

On Thursday, Coinglass reported $1.62 billion in crypto liquidations, with long positions accounting for nearly 90%. Fund flows have also been weak: US spot Bitcoin ETFs lost $185.4 million on Friday 13 November, a seventh consecutive day of redemptions. Sentiment gauges have reflected the stress, with one daily report citing a Fear and Greed Index at 20, in extreme fear territory.

What to watch next

• ETF flows: US spot Bitcoin ETFs do not trade at the weekend, so the next flow data arrives on Monday 16 November and will show whether the outflow streak continues.
• Liquidation data: Another large wave of forced closures could signal continued stress, while a calmer reading may suggest leverage has been flushed out.
• Central bank calendar: The Federal Reserve's next rate decision is on 9 December.
• Weekend liquidity: Thinner trading conditions can exaggerate moves in both directions.

Markets are volatile, prices can move sharply in either direction, and this article is for education only and is not investment advice.