Ethereum Price Crashes to $1,715, Now 63% Below Its Record High

The Ethereum price fell to its lowest level since July overnight. According to five-minute data from CoinGecko, ether dropped as low as $1,715 at 01:45 UTC on November 15, 2026. By 04:52 UTC it had recovered to $1,819. That leaves ether down 4.1% over 24 hours, 18.6% over a week and 25.4% over a month.

Ether is falling harder than bitcoin, which lost 3.4% over the same 24 hours. The drop is part of the weekend's broader crypto crash: the first wave of selling on Saturday evening is covered in our crypto news for November 14, and the bitcoin side in Will the $60,000 bitcoin level hold?. The reasons behind each sell-off are tracked on our page why is crypto down.

Ethereum price today: a low of $1,715, then a rebound

Over the past 24 hours, the Ethereum price traded between $1,915 at the top and $1,714 at the bottom, according to CoinGecko, a range of just over $200, or about 10%. On Saturday morning, ether still stood just above $1,900. The selling started in the afternoon (UTC) and accelerated in the evening as bitcoin broke below $64,000. After the low at 01:45 UTC, buyers returned and ether climbed back above $1,800 within three hours.

Ethereum price vs. its record: 63.2% lower

Ether's all-time high is $4,946, set on August 24, 2025. At $1,819, the price is 63.2% below that level, so one ether now costs less than two-fifths of its record price. On November 5, ether still closed at $2,423; about a quarter of its value disappeared in ten days (cryptoticker.io calculation based on CoinGecko daily closes).

On a daily basis, ether last traded this low in mid-July 2026: on July 14 the daily price was $1,774. The 12-month low is $1,566, from June 26, 2026. At that point ether stood 68.3% below its record, so the early-summer drop went deeper than the current one. Afterwards the price climbed back above $2,700 by the end of September.

Our ongoing analysis of the $1,800 mark is in Ethereum price at the $1,800 level.

Why the Ethereum price is falling harder than bitcoin

The triggers hit the whole market. According to the CME FedWatch tool, cited by bitcoin.com, the probability of a quarter-point Federal Reserve rate hike in December stood at 88.5% on Saturday. Higher rates make risky assets less attractive, and ether is seen as riskier than bitcoin.

Fund outflows add to the pressure. According to Coinpaper, based on Farside Investors data, investors pulled a net $398.9 million from US ether funds between November 9 and 13, alongside about $1.07 billion from spot bitcoin ETFs. The same source cites Coinbase Institutional: the combined supply of the stablecoins USDT, USDC and DAI fell by a record $11.5 billion in 30 days. Fewer stablecoins means less capital ready to buy into falling prices.

DeFi, which runs largely on Ethereum, was hit hardest. Among categories with more than $5 billion in market value, CoinGecko showed 24-hour losses on Saturday evening of 14.7% for automated market makers, 13.5% for decentralized exchanges and 13.4% for yield farming.

Liquidations: how leverage fed the Ethereum crash

A liquidation is the forced closing of a leveraged position by the exchange once the collateral no longer covers the loss. Every liquidated long is an automatic sell order that pushes the price toward the next cluster of liquidations. When bitcoin broke below $64,000, TokenPost counted $691 million in market-wide liquidations within one hour, $671 million of them on the long side, about 97%. According to bitcoin.com, roughly $1 billion was liquidated across the market in the 24 hours before; Coinpaper, using CoinGlass data, puts the figure for November 13 at $1.47 billion. No reliable ether-only liquidation figure is available for this weekend.

Sentiment matches the price action. The Fear and Greed Index from alternative.me stands at 10 out of 100 on Sunday, "extreme fear", after 13 the day before and 20 two days earlier.

Will Ethereum fall below $1,700? The levels to watch

This article makes no price forecast, but the levels the market is watching are known. Coinpaper describes $1,800 as the current test after ether lost the $1,950 and $1,850 zones. A sustained break below it could expose $1,750, according to the same source. Ether briefly traded below that level overnight. Further down sits the June 26, 2026 low of $1,566. On the upside, Coinpaper says reclaiming the $1,850 to $1,900 zone would be a first sign of stabilization.

For comparison: in June 2026, ether fell 68.3% below its all-time high and then rose above $2,700 within three months. That is no guarantee of a repeat. Analyst scenarios, with names and sources, are collected in our Ethereum price prediction.

Trading the Ethereum price: long, short and leverage explained

This is not advice, only an explanation of the tools. A long position profits when the price rises; a short position profits when it falls. Both are possible without leverage, by buying or selling ether on the spot market, and with leverage through futures, perpetual contracts or CFDs.

Leverage magnifies results in both directions. At 10x, a 10% price move changes the position by 100%: with $1,000 of margin you control $10,000 of ether. A 10x long opened at $1,715 overnight was up about 61% on its margin at $1,819. A 10x long opened at $1,900 on Saturday morning was down almost 10% at the $1,715 low, which in practice means liquidated. At 100x, a move of roughly 1% against you wipes out the entire margin, and ether often moved more than that within a single hour this weekend.

Two tools limit the damage. A stop-loss closes a position automatically at a price set in advance. Position size determines how much is at risk; many traders risk no more than 1% to 2% of their capital on a single trade. Before trading, compare fees, order types and licensing in our crypto exchange comparison; platforms for futures and perpetuals are reviewed in our perp DEX comparison. The decision is yours. Leveraged products and CFDs can lead to the loss of your entire stake.

Ethereum price crash: what US and UK readers should know

In the United States, the ether fund flows reported by Farside are a daily signal of institutional demand, and the Fed's December decision is the next fixed date for markets. In the United Kingdom, check that your platform is registered with the Financial Conduct Authority before you trade. On days with sharp moves, exchanges face heavy traffic: make sure your account is accessible and that you have no forgotten leveraged positions open. Bitcoin itself stood at about $64,800 at 04:42 UTC, Solana lost 6.0% to $71.03 and XRP 2.4% to $0.97 (CoinGecko). Beyond crypto, many investors are also watching the planned listing of Anthropic; our guide on anthropic stock covers the details.

Ethereum price crash: your next three steps

1. Check whether you hold leveraged positions and at what price they would be liquidated; margin terms are compared in our perp DEX comparison.
2. Review licensing, fees and order types of your platform in the crypto exchange comparison.
3. Watch the $1,750 and $1,566 levels on the downside and the $1,850 to $1,900 zone on the upside, plus the scenarios in our Ethereum price prediction.

(As of November 15, 2026, 04:52 UTC. This article is not financial advice. Prices and fee models change; check the terms with the provider before every purchase. Trading with leverage or CFDs can result in the loss of your entire capital.)