Six weeks in a row, the big funds have sold Ethereum — and the total is now about $2 billion.
$ETH is $2,067 right now, down 2.3% in 24h. Today's low: $2,006 — $2,000 still untouched. 24h volume: $709M.
The flow numbers:
• US spot ETH ETFs lost $365M last week — the sixth straight week of outflows
• About $2B has left in those six weeks, most of it from BlackRock's ETHA
• Monday added another $184.6M out, the biggest single day since October 6
Bitcoin's funds are bleeding too, but ETH's streak is the longer one. And still, $2,000 has not been touched.
Does the streak break first — or does $2,000?
#ETH #Ethereum #Crypto
Not financial advice.
$ETH is $2,067 right now, down 2.3% in 24h. Today's low: $2,006 — $2,000 still untouched. 24h volume: $709M.
The flow numbers:
• US spot ETH ETFs lost $365M last week — the sixth straight week of outflows
• About $2B has left in those six weeks, most of it from BlackRock's ETHA
• Monday added another $184.6M out, the biggest single day since October 6
Bitcoin's funds are bleeding too, but ETH's streak is the longer one. And still, $2,000 has not been touched.
Does the streak break first — or does $2,000?
#ETH #Ethereum #Crypto
Not financial advice.
