ETH Plunged 16% in October as Ethereum ETF Outflows Hit All-Time High

- Ethereum experienced a significant decline of over 16% in October, primarily due to record ETF outflows exceeding $1.6 billion.
- After a brief rally early in the month, ETH faced rejection at the $2,800 resistance, leading to a drop to a two-month low of $2,150 by the end of October.
- The cumulative net inflows for Ethereum ETFs decreased from $13.89 billion at the end of September to $12.29 billion in October, marking the largest monthly net outflow since the ETFs' inception.

Nguồn: CryptoPotato
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