Ethereum Price Faces Potential Decline Amid ETF Outflows and Whale Selling

Ethereum ETF outflows reached $1.42 billion in November 2025, contributing to a less than 1% daily price slip despite a 10% weekly gain. This capital exit, combined with whale selling, pressures ETH near $3,040, risking a 5-6% correction if support breaks.

• Ethereum‘s price dipped under 1% amid $1.42 billion monthly ETF outflows, three times higher than March’s $403 million.
• Last five days saw $368 million in positive inflows, signaling short-term recovery potential.
• Whale activity included sales of 87,824 ETH worth $270 million, yet holdings exceed $200 million, per on-chain data.

What caused Ethereums recent price decline in November 2025？

Ethereum ETF outflows surged to $1.42 billion in November 2025, driving a less than 1% daily price slip for ETH despite a robust 10% gain over the past week. This capital withdrawal reflects broader market pressures, with total crypto capitalization stable above $3 trillion. Historical Q4 trends have been bullish since 2020, except in 2022 and 2025, according to data from CoinGlass, but current outflows from ETFs and large holders are testing this pattern.

How have Ethereum ETF flows impacted price stability？

Ethereum ETF flows have shown volatility throughout 2025, with November marking a sharp reversal. Data from SosoValue indicates that while the last five consecutive days recorded positive inflows exceeding $368 million—bolstering market confidence amid general stabilization—the month as a whole saw massive withdrawals. This $1.42 billion outflow is triple the $403 million recorded in March, highlighting a significant shift in investor sentiment.

The bearish tone in the final quarter contrasts with earlier months. In July and August, substantial inflows propelled ETH prices upward, fostering optimism. However, the subsequent decline in activity led to profit-taking and reduced demand. Analysts note that such outflows often correlate with broader economic uncertainties, but Ethereums underlying network upgrades continue to underpin long-term value. For instance, expert commentary from blockchain researchers emphasizes that ETF flows represent institutional sentiment, which can amplify retail trends.

Source: SosoValue

Novembers performance stands out as particularly challenging for ETH, exacerbating the quarterly downturn. Institutional investors, who drive much of the ETF activity, appear cautious, possibly awaiting regulatory clarity or macroeconomic signals. This data aligns with reports from financial analysts at firms like Bloomberg, who observe that ETF outflows often precede price corrections in maturing crypto assets like Ethereum.

Frequently Asked QuestionsWhat are the main reasons for Ethereum ETF outflows in November 2025？

Ethereum ETF outflows in November 2025 totaled $1.42 billion, driven by profit-taking after summer gains and broader market caution entering Q4. Despite recent $368 million inflows over five days, monthly withdrawals tripled Marchs figure, reflecting investor shifts toward risk-off strategies amid economic uncertainties.

Will whale selling pressure cause Ethereum price to drop below $3,000？

Whale activity, including one early adopter selling 87,824 ETH for $270 million after holding since $517, adds downward pressure on Ethereums price. If the multi-day trendline support breaks, a 5-6% correction could push ETH below $3,000 from current levels around $3,040, though defenses might extend the recent rebound.

Key Takeaways

• ETF Outflow Surge: November 2025 saw $1.42 billion in Ethereum ETF withdrawals, contrasting with $368 million in late-month inflows and signaling mixed investor confidence.
• Whale Activity Impact: An OG whale offloaded $270 million in ETH but retains over $200 million, indicating partial conviction amid ongoing sales to exchanges like Bitstamp.
• Price Risk Assessment: ETH holds above key support at $2,600-$3,000; a breakdown could lead to 5-6% decline, while holding may fuel further upside.

Conclusion

In summary, Ethereum ETF outflows and whale capital exits have introduced volatility to ETH‘s price in November 2025, with a minor daily slip offsetting weekly gains. As the market navigates Q4 pressures, historical bullish patterns suggest potential recovery if support levels hold. Investors should monitor on-chain metrics and institutional flows closely for signs of stabilization, positioning for Ethereum’s enduring role in decentralized finance.

Monthly Ethereum ETF outflows surge

The data from SosoValue showed that the last five consecutive days had positive inflows of more than $368 million. This was a reflection of capital inflow at a time when the whole market was finding its ground. Looking at the broader picture, November recorded significant outflows, with roughly $1.42 billion withdrawn from Ethereum ETFs—three times the $403 million seen in March.

The last quarter of the year has been bearish, but ETH‘s November has been the worst. Massive inflows in July and August powered the price of ETH higher, while the subsequent decrease in this activity resulted in a decline. This pattern underscores the sensitivity of Ethereum’s price to institutional capital movements, as tracked by platforms like SosoValue. Financial experts, including those cited in reports from Reuters, highlight that such fluctuations are common in emerging asset classes, where ETF approvals initially boost liquidity before maturation brings periodic adjustments.

More capital outflow from OG whales

The capital outflow did not end at the Ethereum ETF activity but was extended to OG whales. One early adopter of ETH was cashing out assets after about eight years of holding, having bought at $517, as per Crypto Patel on X.

The whale has been offloading his spot position gradually, with the latest being 18,000 ETH valued at $54.78 million. The deposit to Bitstamp was a hint to sell, affirming further capital outflow from the Ethereum ecosystem.

Source: Crypto Patel/X

In total, the whale has sold 87,824 ETH worth $270 million but still retains over $200 million in Ethereum. These remaining holdings reflect confidence in the assets potential recovery, particularly with a long-term outlook. On-chain analytics from firms like Glassnode reveal that while large-holder sales can trigger short-term dips, they often coincide with accumulation phases by newer investors, balancing the ecosystem.

Is Ethereum price at risk of decline？

On the hourly charts, Ethereum was holding above a multi-day trendline support. This bullish setup aligned with a 10% weekly gain, lifting the price from the $2,600 zone to $3,040 at the time of writing. The capital outflow risked a breakdown below the ascending trendline; in case this is actualized, ETH price could correct between 5% and 6% from the current price, potentially returning below $3,000.

Source: TradingView

Alternatively, if ETH defends this support level, the current rebound could continue pushing the price higher. Technical indicators from TradingView suggest that volume during the weekly rally supports bullish momentum, provided outflows do not escalate. Market observers, drawing from historical precedents in 2022, caution that sustained whale activity could amplify risks, but Ethereums fundamental adoption in DeFi and NFTs offers resilience.

ETH price performance reflected the capital outflow seen since the start of Q4. This quarter has been historically bullish for crypto since 2020, except for 2022 and 2025, as per CoinGlass. Ethereum ETFs and whale activity contributed to this decline in price. However, the market showed a slight recovery in the last week of November. The interplay between these factors illustrates Ethereums position as a bellwether for the crypto sector, where institutional and high-net-worth decisions influence broader trends.