Ether drops 4.6% in 20 minutes to $2,122 on Sunday afternoon, twice bitcoin's fall
ETH slid from about $2,224 to $2,122 between 4:40 and 5:00 p.m. ET on November 8, 2026, per CoinGecko. Bitcoin fell 2.2% in the same window. Ether is now down about 5% on the day and 14.5% over 30 days.
Key points
- CoinGecko's five-minute data shows ETH at $2,223.73 at 4:40 p.m. ET on November 8, 2026 and $2,122.24 at 5:00 p.m. ET, a 4.6% drop in 20 minutes.
- Bitcoin fell from $75,652 to $73,982 in the same 20 minutes, a 2.2% drop, less than half of ether's move.
- At 7:03 p.m. ET, ETH traded near $2,124, down about 5% in 24 hours, 6.6% in seven days and 14.5% in 30 days. Its 24-hour low was $2,108.59.
The move
Ether spent most of Sunday in a tight range between about $2,225 and $2,240, according to CoinGecko. The selling started at 4:45 p.m. ET. By 5:00 p.m. ET the price had gone from $2,223.73 to $2,122.24, a loss of about $101 per coin, or 4.6%, in 20 minutes. Most of that came in the last ten minutes: $2,212.56 at 4:50 p.m. ET, $2,171.62 at 4:55 p.m. ET.
ETH then traded between about $2,117 and $2,160 for the next two hours. At 7:03 p.m. ET it was near $2,124, with a 24-hour low of $2,108.59.
Bitcoin fell too, but less
CoinGecko's bitcoin data shows BTC at $75,652 at 4:40 p.m. ET and $73,982 at 5:00 p.m. ET, a 2.2% drop over the same 20 minutes. Bitcoin was down about 1.5% over 24 hours by 7:03 p.m. ET, against about 5% for ether.
The bigger picture
Ether's market cap was about $259.5 billion, and it remains the second largest crypto asset on CoinGecko. About $8.06 billion of ETH traded in 24 hours. The token is down 14.5% over 30 days and about 57% below its all-time high of $4,946.05, set on August 24, 2025. We did not find an official statement or on-chain event that explains the drop in the data we checked, so we do not assign a cause.
LC Insight analysis
This section is our reading of the facts above, not a statement of fact.
- A drop this fast, with ether falling about twice as far as bitcoin, points to selling aimed at ETH itself rather than the whole market. The quick bounce to about $2,150 and slide back show buyers and sellers still fighting over the $2,100 to $2,160 range.
What's next
- Whether ETH holds above its Sunday low of $2,108.59
- Whether bitcoin keeps holding near $74,000
- Any official statement or large on-chain transfer tied to the drop
Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.
