U.S. spot ETH funds lost $365.2 million in a single day, the same day the price approached $2,100. $ETH ⚖️

Why is the price falling? Because two pressures hit at once: traders were forced out of long positions, and institutions pulled money out of spot funds.

First: liquidations hit long positions, adding pressure on $ETH.

Second: $365.2 million flowed out of U.S. spot ETH funds on the same day.

Third: $2,200 is now a major resistance level for any recovery.

If outflows from the funds stop, price pressure may ease; if they continue, it could keep $ETH below $2,200.

Watch the gap between the direction of fund flows and the $2,200 level—it sums up the picture better than any commentary.

What level do you expect $ETH to close at on Friday? 👇

#Ethereum #ETF

This content is for informational purposes only and is not financial advice.

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