Ethereum Stuck Near $1,500 Support Amid Quarter-End Selling

Ethereum has been trading near its $1,500 support zone after quarter-end selling and weak institutional flows kept it under pressure.

The second-largest cryptocurrency logged its first-ever third straight quarterly loss as whale distribution and ETF outflows continued to weigh on price.

Despite corporate treasury accumulation, Ethereum whales sold roughly 550,000 ETH over the past week, injecting $880 million in sell-side supply into the market.