Ethereum Price Tanks 5%

ETH price pulled back 5% in the past 24 hours and is currently trading at $3,172. The coin’s intraday low and high were $3,161.93 and $3,359.31, respectively.

Ethereum currently mimics the broader market trend, with nearly $30 million in liquidations recorded today. However, it’s noteworthy that weekly net inflows totaled $139,32 million for Ethereum ETFs as of Jan 24. The current market sentiment for the asset remains uncertain.