Ether Nears $1,800 After 14% Drop, $224M Futures Liquidations and ETF Outflows Signal Weakness

Ether has retreated toward $1,800 after a roughly 14% decline over 10 days, with about $224 million in ETH futures liquidations, Crypto Breaking News reports. ETH options on Deribit showed the put-to-call volume premium rising to 2.2x and the 30-day delta skew at around 18%, while Ethereum's total value locked slipped to about $51 billion and 30-day network fees fell to roughly $13.7 million. Market sentiment has also been pressured by ETH sales tied to donations associated with Ethereum cofounder Vitalik Buterin, alongside persistent net outflows of approximately $405 million from US-listed Ether ETFs since Feb. 11 that have reduced their assets under management to around $12.4 billion. The article noted that Ether's 20-day correlation with Bitcoin remains high, keeping price action closely linked to broader risk-off moves across major crypto assets.