Markets· ★★★★· bearish·

Ethereum drops below $2,500 as $344.85M in liquidations and $624M ETF outflows hit demand

  • —ETH slipped below $2,500 and trades near $2,490 after touching $2,424
  • —ETH futures liquidations hit $344.85 million in 24 hours, with $283.5 million in longs
  • —Spot ETH ETFs saw $624 million in net outflows over eight consecutive sessions
  • —Exchange balances rose by about 233,000 ETH over the past two weeks
Why it matters: The break below $2,500 and weak momentum put the $2,355–2,338 support zone in focus, while sustained ETF outflows point to soft institutional demand.
#ETH
Source: Invezz
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