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Ethereum Drops to 2018 Levels: Time for ETH Investors to Act?

Date:

Node: 4541240
  • Ethereum’s price drops 16%, reaching 2018 levels, sparking doubts among investors.
  • Ethereum loses $220 billion in market value in 2025, causing investor uncertainty.
  • The Pectra upgrade offers hope for recovery, but investors must act quickly.

The price of ETH has dropped 16% today, sending the price tumbling down to $1,500. This brings the 2025 losses to a staggering 54%, leaving many investors reeling. The digital asset now finds itself at a price point not seen in over eight years. With so much money drained from the market, many are starting to question if Ethereum can bounce back or if this could signal a more serious long-term decline.

Ethereum Faces Doubts Over “Ultrasound Money” Status

Once hailed as a form of “ultrasound money,” Ethereum has struggled to live up to the high expectations placed upon it. On-chain analyst Willy Woo recently highlighted a shocking stat: Ethereum’s price of $1,569 earlier today is just slightly above its price of $1,448 back in January 2018. That’s a growth rate of only 1.2% annually over the past seven years.

The damage is clear. Ethereum has lost over $220 billion in market value just in the first three months of 2025. That’s a huge hit to investor confidence, and many are wondering if it’s time to cut losses. Over the past week, between March 31 and April 4, Ethereum spot ETFs experienced a net outflow of $49.93 million.

The sudden pullback of funds suggests that more and more investors are starting to lose faith in Ethereum’s future. Grayscale’s Ethereum Trust ETF (ETHE) took the biggest hit, with a massive $31.08 million pulled out of the fund. This move shows that institutional investors are stepping back, as they watch Ethereum’s price struggle to gain any real traction.

Can the Pectra Upgrade Spark a Recovery?

Despite the ongoing price drop, some investors are holding out hope for a recovery. The much-anticipated Ethereum Pectra upgrade is expected to improve network efficiency and scalability. Slated for release by the end of the month, the Pectra upgrade has become a point of focus for those still bullish on Ethereum.

But even with all the uncertainty, Ethereum whales seem to remain optimistic. On-chain data from Spot On Chain reveals that big investors are snapping up Ethereum during the dip, suggesting a belief that Ethereum will bounce back. In the last 24 hours, liquidations have surged to $367 million, highlighting the panic sweeping the market.

While the future is always uncertain, those who trust in Ethereum’s potential might see this dip as a chance to buy before the market turns around. But time is crucial. Investors must act fast or miss out on profits from a potential long-term rebound.