$571 million has flowed out of spot Ethereum ETFs in six days.
$ETH is now trading at $2,284, down 0.2% over the past 24 hours, after fluctuating around $2,268 earlier in the session. After six consecutive trading days of net outflows, the $2,200 support level has become the market’s focus. Some analysts see downside targets around $2,000.
Funds are flowing out, but the price has barely moved. Can the $2,200 level hold?
$ETH is now trading at $2,284, down 0.2% over the past 24 hours, after fluctuating around $2,268 earlier in the session. After six consecutive trading days of net outflows, the $2,200 support level has become the market’s focus. Some analysts see downside targets around $2,000.
Funds are flowing out, but the price has barely moved. Can the $2,200 level hold?