Ether (ETH) has experienced a significant decline in value, reaching levels not seen since November 2023. This drop in price can be attributed to various factors including the trade war threat from President Donald Trump, bearish investor sentiment, weak institutional demand, trade war fears, inflation concerns, and stock market weakness. As a result, nearly $165 million in ETH long positions have been liquidated in the past 12 hours. There is a 76% chance, according to Polymarket bettors, that ether will reach $1900 by the end of the month. Additionally, data from SoSoValue indicates that there was a deep outflow of -$335 million from the Ether ETF last week.



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