ETH Drops 7.44% Amid ETF Outflows and $4.1B Contract Expiry, Market Eyes Rebound

Ethereum (ETHUSDT) experienced a 7.44% decline over the past 24 hours, with the price dropping from 2440.02 to 2258.48 on Binance. The recent price decrease is primarily attributed to ongoing market volatility, including net outflows from Ethereum ETFs (4,480 ETH on June 20, 2025), the expiration of significant Bitcoin and Ethereum contracts totaling $4.1 billion, and continued uncertainty about Ethereum’s value proposition and network revenue following its last major upgrade. Despite these pressures, institutional interest remains strong, as evidenced by large acquisitions and staking activity, and technical indicators suggest potential for a rebound if key resistance levels are surpassed. Ethereum’s current market capitalization is approximately $272.7 billion, with a 24-hour trading volume between $20.38 billion and $22.62 billion, and a circulating supply of 120.72 million ETH, maintaining its position as the second-largest cryptocurrency by market cap.