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via BeInCrypto · By BeInCrypto Editorial

Ethereum Buying Falls 80% as ETF Outflows Hit a 17-Session Streak

ETH

ETH/USDT

$2,689.98

-1.26%

$2,689.98

-1.26%

(24s)

24h Volume

$8,635,961,361.69

24h H/L

$2,724.36 / $2,668.84

Change: $55.52 (2.08%)

Long/Short

61.0%

Long: 61.0%Short: 39.0%

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,686.95

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,686.95

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.1

BeInCrypto Editorial

(09:12 AM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

Ethereum price has slid about 10% over the past week as on-chain demand collapsed and liquidations spiked.

The chain is clear. Spot ETFs have bled for 17 straight sessions, the most loyal holders pulled back hard, and stretched funding then set off forced selling.

Ethereum Spot ETF Outflows Set the Stage

The selling started with the institutions. Ethereum spot ETF demand has vanished, with the funds…

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Source

BeInCrypto Editorial · BeInCrypto

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