VictoriaPark
Markets··1 min read

Ethereum bears keep selling but ETH stays near $2,700 as US spot ETFs record $206 million in outflows

Ethereum institutional demand is weakening, and traders are aggressively selling according to derivatives data. Despite this, ETH price remains near $2,700. US spot Ethereum exchange-traded funds recorded $206 million in outflows over five consecutive sessions.

Ethereum bears keep selling but ETH stays near $2,700 as US spot ETFs record $206 million in outflows
Image: CryptoSlate

Ethereum institutional demand is weakening, and traders are aggressively selling according to derivatives data. Despite this, ETH price remains near $2,700. US spot Ethereum exchange-traded funds recorded $206 million in outflows over five consecutive sessions.

Sources

  • CryptoSlate — Ethereum bears keep selling but ETH stays near $2,700 as US spot ETFs record $206 million in outflows

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