{"id":13906,"date":"2025-10-21T11:35:07","date_gmt":"2025-10-21T11:35:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-dips-below-3-9k-as-spot-etfs-see-145m-outflows-mvrv-momentum-signals-death-cross\/"},"modified":"2025-10-21T11:35:15","modified_gmt":"2025-10-21T11:35:15","slug":"ethereum-price-dips-below-3-9k-as-spot-etfs-see-145m-outflows-mvrv-momentum-signals-death-cross","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-dips-below-3-9k-as-spot-etfs-see-145m-outflows-mvrv-momentum-signals-death-cross\/","title":{"rendered":"Ethereum price dips below $3.9K as spot ETFs see $145M outflows, MVRV Momentum signals \u201cdeath cross\u201d"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum\u2019s slide under $3,900 has deepened as spot exchange-traded fund outflows continue and a bearish on-chain \u201cdeath cross\u201d raises fears of further downside.<\/p>\n<div id=\"cn-block-summary-block_c491fad3047fd49e54cd6cb5b4022cf2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ethereum price fell below $3,900, down 4.8% in 24 hours and 13% this month.<\/li>\n<li>Spot ETH ETFs record $145M in daily outflows, led by BlackRock and Fidelity.<\/li>\n<li>The MVRV \u201cdeath cross\u201d reappears, echoing patterns that preceded past selloffs.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ethereum traded at $3,876 at press time, marking a 4.8% drop in the past 24 hours and extending its weekly loss to 4.6%. Over the past month, ETH has shed more than 13%, now standing 21% below its all-time high of $4,946 set on Aug. 24.<\/p>\n<p>In the last 24 hours, Ethereum\u2019s (ETH) spot trading volume reached $33.5 billion, down 5.9% from the previous day, a sign that traders are turning cautious as volatility cools.<\/p>\n<p>Ethereum\u2019s derivatives volume also dropped 10.37% to $72.55 billion, as per CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/ETH\" target=\"_blank\" rel=\"nofollow\">data<\/a>, while open interest fell 3.66%. This decline suggests that leveraged traders are winding down their positions, probably taking profits or lowering exposure.<\/p>\n<h2 class=\"wp-block-heading\">Spot ETH ETF outflows weigh on sentiment<\/h2>\n<p>According to SoSoValue <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/m.sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\" rel=\"nofollow\">data<\/a>, Ethereum spot ETFs saw $145.68 million in net outflows on Oct. 20, marking the third consecutive day of withdrawals. BlackRock\u2019s ETHA accounted for $117.8 million, followed by Fidelity\u2019s FETH with $27.8 million. Other issuers remained largely unchanged.<\/p>\n<p>Monthly outflows have now totaled $652 million, indicating institutional caution as well as a general shift in capital toward other safer assets like gold and Bitcoin (BTC). This change has dampened expectations for Ethereum\u2019s long-awaited climb above $5,000, stalling momentum from its earlier \u201cUptober\u201d rally.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Adding to the bearish tone, on-chain analyst Ali Martinez noted that Ethereum\u2019s MVRV Momentum just flashed a \u201cdeath cross\u201d \u2014 a pattern that last preceded a drop from $3,300 to $1,400. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The last time the MVRV Momentum flashed a death cross, Ethereum <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ETH<\/a> dropped from $3,300 to $1,400. <\/p>\n<p>That signal just appeared again! <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/ef7i6cfSXM\">pic.twitter.com\/ef7i6cfSXM<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1979918961807646946?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 19, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The MVRV Momentum metric tracks the speed at which unrealized profits or losses are changing across the network. When momentum goes negative, it indicates that holders are entering loss territory more quickly than fresh capital is coming in, which could indicate a sell-off or waning demand.<\/p>\n<h2 class=\"wp-block-heading\">Ethereum price technical analysis<\/h2>\n<p>On the daily chart, ETH trades below the 20-day moving average at $4,177, indicating short-term weakness. The narrowing of the Bollinger Bands indicates low volatility before a potential breakout. The relative strength index, which is currently hovering around 41, suggests that bears are still in control but that the market is not yet oversold.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Ethereum daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>The $3,700 mark provides immediate support, and a stronger floor where prior rebounds have formed is located around $3,500. A close above the $4,200 resistance level could pave the way for a move toward $4,500.<\/p>\n<p>ETH may test the lower band once more if outflows persist and MVRV conditions worsen. If ETF sentiment improves, stabilization close to the current range could draw dip-buying interest and provide a gradual recovery window.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum\u2019s slide under $3,900 has deepened as spot exchange-traded fund outflows continue and a bearish on-chain \u201cdeath cross\u201d raises fears of further downside. Summary Ethereum price fell below $3,900, down&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13906"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13906\/revisions"}],"predecessor-version":[{"id":13907,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13906\/revisions\/13907"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11194"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}