Ethereum falls to $1.8K as ETF outflows surpass $847M

• Spot Ethereum ETF outflows total $847 million over 16 days—deepening price drop
• Negative US Coinbase Premium highlights weaker demand and sustained downside risk

On June 4, 2026, Ethereum’s price plunged to $1,814, its lowest point in fourteen weeks, as institutional outflows from spot Ethereum ETFs reached $847 million over sixteen straight days, according to Cointelegraph. This ongoing wave of disinvestment has directly contributed to Ethereum’s accelerated decline, putting the $1,800 support zone in jeopardy.

Cointelegraph also reported a negative US Coinbase Premium on June 4, 2026, signaling diminished demand from American investors. With this metric reflecting declining interest, investor anxiety over Ethereum’s near-term direction has grown, leaving speculative activity and overall market sentiment largely subdued.

Experts warn that breaking below the $1,800 threshold could trigger a retreat toward past accumulation zones near $1,600 or even $1,200, amplifying downside risks as institutional outflows and shifting sentiment persist.

As of June 4, 2026, 05:09 UTC, Ethereum (ETH) is trading at $1,790.76, marking a 4.00% decrease in 24-hour trading volume, according to CoinMarketCap.