Ethereum Faces Third Consecutive Quarterly Loss as CryptoQuant Warns of Continued Selling Pressure

Ethereum rose above $1,750 in the last 24 hours following news of a US-Iran agreement, gaining 5% during this period. Despite this short-term increase, ETH has lost 18.39% of its value in the second quarter so far and faces the possibility of recording negative returns for three consecutive quarters for the first time in its history. CryptoQuant analysis indicates persistent selling pressure on Binance's spot market, with the platform's cumulative volume delta momentum indicator remaining in negative territory, suggesting the risk of further declines has not passed.

Ethereum Records 18.39% Loss in Second Quarter

Ethereum has declined 18.39% in the second quarter of this year. If the quarter closes without a recovery, it will mark the first time ETH has recorded negative returns for three consecutive quarters. According to the data, ETH fell 28.28% in the fourth quarter of 2025 and 29.26% in the first quarter of 2026, continuing its downward trend into the current quarter. Bitcoin's price rose above $66,000 during the same period when the US-Iran agreement news emerged.

CryptoQuant Analysis Shows Persistent Selling Pressure on Binance

CryptoQuant analyst Arab Chain analyzed that Binance's Ethereum cumulative volume delta (CVD) momentum indicator has decreased and continues to show persistent selling pressure. CVD measures the cumulative difference between buy and sell orders in the market. A falling CVD generally indicates that sell orders are outnumbering buy orders. Ethereum remained under pressure in recent transactions, with selling still dominating Binance's spot market.

CVD Indicator Signals Potential Scenarios for ETH Price Movement

The analyst noted that if the CVD indicator remains in the negative zone, Ethereum could face further volatility and downward pressure. Conversely, if CVD for ETH takes an upward turn, it could indicate a return of buying interest and an improvement in investor sentiment. This could be an early sign of price stability for Ethereum or a new phase of recovery, according to the analyst's statement.

FAQ

What percentage has Ethereum lost in the second quarter? Ethereum has lost 18.39% of its value in the second quarter so far. This follows declines of 28.28% in the fourth quarter of 2025 and 29.26% in the first quarter of 2026.

What does CryptoQuant's CVD indicator show for Ethereum? CryptoQuant analyst Arab Chain reports that Binance's Ethereum cumulative volume delta (CVD) momentum indicator has decreased and shows persistent selling pressure. CVD measures the cumulative difference between buy and sell orders, and a falling CVD indicates sell orders are outnumbering buy orders.