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Ethereum Price Prediction: ETH ETF Outflows Hit $431 Million

Ethereum Price Prediction: ETH ETF Outflows Hit $431 Million
Source: coinpaper.com

Key takeaways Ethereum ETFs lose $431 million over five sessions ETH futures liquidations exceed $350 million amid selling Traders monitor $2,200 support and $2,350 resistance Ethereum is attempting to...

Summary

  • s reported outflows with approximately $76.6 million, followed by Grayscale
  • The latest trading day alone accounted for a preliminary $155.7 million in withdrawals.
  • The figures suggest Ethereum faces a challenge beyond the $6.3 billion Binance security breach: institutional demand has weakened even as buyers attempt to defend the psychological $2,200 level.
  • Ethereum ETFs Lose $431 Million as Institutional Selling Accelerates Ethereum funds recorded withdrawals every trading day from October 26 through October 30, extending a difficult month for ETH investment products.
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