Ethereum (ETH) hasn’t been doing great lately. Right now, 53% of people who own ETH are losing money because the price has dropped. The crypto market has been shaky, and Ethereum is feeling the heat.
Bitcoin Is Doing Better Than Ethereum
According to CryptoRank, only 47% of Ethereum holders are still in profit at the current price of $1,900. Meanwhile, Bitcoin (BTC) holders are in a much better spot, with 86% still making money.
On top of that, Bitget Token (BGB) is doing even better—95% of its holders are in profit.
Ethereum’s price has been falling for months. Since December 2024, it has lost more than half its value (52.8%), leaving many investors frustrated.
Big Investors Are Selling Off Their ETH
As prices keep dropping, many people have started selling to avoid losing even more money. Some of the biggest investors—often called whales—have already sold huge amounts of ETH to cut their losses.
In the past week alone, Ethereum’s price fell by 13.5%, which is even worse than the overall crypto market drop of 11%.
To make things worse, people are pulling their money out of Ethereum investment funds (ETFs). On March 11 alone, investors took out $21.5 million, showing that many are losing confidence in ETH.
Ethereum’s Co-Founder Isn’t Worried
Despite all this, Ethereum’s co-founder, Joseph Lubin, still believes things will turn around.
“Perhaps never been more bullish after the recent shakeout and much-needed resets,” he posted on X (formerly Twitter).
He thinks that some government decisions in the U.S. could actually help crypto by making the industry more independent. In his view, 2025 could be a big year for Ethereum and the entire crypto market.
Could Things Turn Around Soon?
There are a few signs that Ethereum might stop falling soon. On March 13, the price inched up slightly by 0.12%, bringing ETH to $1,899. It’s not a big jump, but some traders see it as a good sign.
Another positive sign? Fewer people are sending their ETH to crypto exchanges. Usually, when people move ETH to an exchange, it means they plan to sell. But right now, Ethereum on exchanges is at its lowest level in years, according to CryptoQuant. This could mean that fewer people want to sell, which might help the price go up.
Some traders even think a “short squeeze” could happen—basically, if too many people bet against ETH and the price suddenly rises, they’ll have to buy back quickly, which could push the price even higher.
Ethereum Has Been Through Worse
If you’ve been in crypto for a while, you know this isn’t the first time Ethereum has crashed. Back in 2018, ETH lost more than 90% of its value, but it eventually bounced back. Even in 2022, when the Terra (LUNA) crash shook the entire crypto market, Ethereum recovered when things improved in 2023.
So, will ETH bounce back this time? No one knows for sure. But history shows that Ethereum has a way of making a comeback.
