Ethereum hit $2,400 today, April 27, 2026, and then dropped down to the $2,320 mark. In the last week, from April 20-24, the Ethereum ETF products saw an inflow of $155 million. The Ethereum Foundation unstaked ETH worth $49 million recently. Ethereum’s price swung wildly today, April 27, 2026. In the past hour, the price of the token dropped down by 1% and is currently hovering around the $2,320-$2,330 mark. Earlier today, the token hit the $2,400 mark which is being considered as a resistance level as of now. Positive ETF data clashes with whale movements and mass liquidations, and this is something that is keeping the traders on edge. Strong ETF Inflows Signal Institutional Confidence From April 20-24, the Ethereum spot ETF products managed to bring in 155 million as per the data presented by SoSoValue . BlackRock’s ETHA experienced the highest inflow of $138 million. With this inflow, the total net inflow has hit the $11.97 billion mark. ETHB followed the trend and saw an inflow of $60.91 million. With this inflow, the total net inflow for ETHB has reached $456 million. Grayscale’s ETHE bucked the trend with $49.24 million outflow in the past week. With this outflow, the total net outflow for ETHE products now stands at $5.25 billion. With this latest data, the Ethereum spot ETFs now hold $13.79 billion in net assets, which is 4.91% of Ethereum’s total market value. These numbers indicate that institutional players are buying the dip, which is a bullish sign for long-term price action. $71 Million Liquidations Wipe Out Longs in 60 Minutes As stated above, the hourly plunge triggered chaos within the market. More than $71 million were liquidated in crypto positions in the last 60 minutes as per CoinGlass . Out of this $71 million, $69.17 million were liquidated from long positions as Bitcoin dropped below $77,000. Ethereum longs got hit the hardest, which amplified the drop as well. High leverage amplified the pain, traders betting big on upside faced forced sales when price cracked key supports. This cascade turned minor selling into a sharp 1% slide, testing the $2,320-$2,330 range. The volume spiked, but buyers stepped in to stabilize, preventing deeper falls. Ethereum Foundation Unstakes $49 Million ETH, Sparks Selling Fears As per Arkham Intelligence , yesterday, April 26, 2026, the Ethereum Foundation, unstaked $48.9 million worth of ETH through Lido’s wsETH process. Usually, in the past, when Ethereum Foundation unstaked ETH in small portions, it has been used for research grants, developer funding or reserve rebalancing. These moves have been transparent and were usually used to grow the ecosystem. Moreover, recently the Ethereum Foundation sold 10,000 ETH OTC to BitMine . Once unlocked, this ETH turns full liquid, which adds to the supply pressure. Even though no immediate sells have been confirmed but all eyes are now glued on the treasury flow, validator rotations, and absorption for buyers. Ted Pillows’ Take: Sideways ETH Eyes Key Levels Influencer Ted Pillows in a tweet stated that ETH is going sideways as of now. According to him, since the US-Iran peace talks have been cancelled, the next week turns crucial. Moreover, according to the analyst, if Ethereum’s price can stay above the $2,400 mark, then it could quickly rise toward the $2,470-$2,500 range, but if it drops below $2,300, then the price of the token may drop down to $2,150-$2,200 range. At press time, the price of ETH token ETH -0.37% stands at $2,320.36 with a dip of 0.4% in the last 24-hours as per CoinGecko. ETH 24-hours chart As of now, technical signals also do not show a strong signal either way and momentum seems to be slowing down. On the positive side, steady money flowing into ETFs is supporting the price, and since ETH closely follows Bitcoin, any upward move in Bitcoin, especially more than $77,000 could push ETH price higher as well. Also Read: Ethereum Stalls Below $2,400 Despite Strong ETF and BitMine Buying
