Ethereum (ETH) Falls 13% in 30 Days, Nearly Triple Bitcoin's Decline

Ethereum (ETH) has lost about 13% of its value over the past 30 days, a decline almost three times Bitcoin's 4.7% drop in the same window. The token dipped below $2,300 intraday on October 24, touching a 24-hour low of $2,286.76, before recovering to $2,342.08 by the late session, and the Ethereum (ETH) price now sits near $2,336, down 1.3% across the last 24 hours at the time of writing. CoinGecko data puts the 30-day loss at 12.96%. The window opened with Ether near $2,684 and Bitcoin near $84,249; Bitcoin last changed hands at $80,537, leaving its 30-day loss at 4.71%. Ether fell about 0.7% on the day to that late-session price, against roughly 0.1% for Bitcoin. The gap between the two assets shows up most clearly in the ETH/BTC ratio, the price of Ether quoted in Bitcoin, which drifted to about 0.0291 from 0.0319 at the start of the window. Over seven days Ether dropped 3.33% while Bitcoin shed 1.48%. Ether crested for the window near $2,754 on October 2 and has since surrendered about 15% of that value. The token also trades roughly 53% below its all-time high of $4,946.05 set in August 2025; Bitcoin (BTC) sits about 36% under its own October 2025 peak of $126,080. Ether's market capitalization stood near $286 billion late on October 24 and reads close to $285 billion now. For an asset that has set the tone for the altcoin market all year, the relative damage is the point, not just the absolute loss.

BlackRock's ETHA Leads the Exit

Fund flows explain most of that gap. US spot Ether ETFs registered net outflows of $110.6 million on October 22, with BlackRock's iShares Ethereum Trust (ETHA) losing $75.5 million of the total. BlackRock's ETHB shed $17.2 million the same day, Grayscale's ETHE lost $9.6 million and Grayscale's Ethereum Staking Mini ETF gave up $10.7 million; Fidelity's FETH was the only gainer, at $2.4 million. The session closed a seven-day run in which the funds lost $484.6 million; the five sessions from October 14 to 20 alone drained $388.9 million. October 14 was the heaviest single day at $129.5 million, and October 19 added $103.3 million more. A tally for October 23 showed net inflows of $4.4 million, though the ETHV figure was still outstanding at the time. Earlier in the month, a six-session streak that began on September 29 sapped about $408 million, and ETHA alone lost $201.89 million on October 6. The October 21 print had briefly looked better, with $14.9 million of net inflows: Grayscale's staking mini vehicle took in $28.1 million and FETH $13 million, while ETHA shed $29.3 million. The October bleed stands at $1.08 billion through October 21, the largest monthly outflow of 2026, and it erased roughly $832 million of September's inflows, cutting net inflows for the year to about $485 million. October is the worst month for the funds since November 2025. Total net assets stood at $14.98 billion as of October 20, equal to 5.01% of Ether's market value. By contrast, Bitcoin ETFs lost only about $67 million over the same October stretch and still carry roughly $809 million in net inflows for 2026, leaving ether's largest institutional channel as the marginal seller through the token's weakest month of the year.

Ether trades at $2,336 on our live read, and the composite support and resistance scoring places the strongest levels close together: $2,328.80 scored 100/100 as support and $2,398.21 scored 100/100 as resistance. The relative strength index reads 34.69 and the trend classification remains a downtrend, so the 13% monthly decline has not yet produced a technical reversal signal. Dip demand has appeared in spots: recent flow tracking recorded $9.23M in five-hour spot inflows, second only to Bitcoin, and one whale opened a 26,974 ETH long worth $63.88M after the break below $2,300. The 13% monthly figure stands until one of two things changes it: a daily close above the $2,398.21 resistance, or a run of net ETF inflows well beyond October 23's $4.4 million. Those two conditions frame our Ethereum technical analysis from here.