📉 $ETH Holds Near $2,100 as ETF Outflows Continue & Whales Accumulate!
$ETH is trading around $2,090–$2,120, under mild pressure after dipping below $2,100 earlier. U.S. spot ETH ETFs saw ~$184.5M in net outflows on Nov 9 (BlackRock’s ETHA leading), extending recent withdrawals. Meanwhile, BitMine added another 9,587 ETH (now holding ~6.07M, nearly 5% of supply), and some whales are buying the dip. Markets await today’s U.S. CPI data for direction.
ETH is testing key support near $2,100 amid ETF selling, but strong whale and institutional buying (especially BitMine) signals long-term confidence. Staking remains solid and network activity is healthy. Short-term volatility is expected around CPI, yet the fundamentals look resilient for patient holders. Watching $2,080 support closely! 🔥
#ETH #Ethereum #CryptoUpdate #BinanceSquare
$ETH is trading around $2,090–$2,120, under mild pressure after dipping below $2,100 earlier. U.S. spot ETH ETFs saw ~$184.5M in net outflows on Nov 9 (BlackRock’s ETHA leading), extending recent withdrawals. Meanwhile, BitMine added another 9,587 ETH (now holding ~6.07M, nearly 5% of supply), and some whales are buying the dip. Markets await today’s U.S. CPI data for direction.
ETH is testing key support near $2,100 amid ETF selling, but strong whale and institutional buying (especially BitMine) signals long-term confidence. Staking remains solid and network activity is healthy. Short-term volatility is expected around CPI, yet the fundamentals look resilient for patient holders. Watching $2,080 support closely! 🔥
#ETH #Ethereum #CryptoUpdate #BinanceSquare
