Ethereum Reclaims $2,500 After $175M Liquidations, ETF Outflows Persist
- —ETH traded at about $2,508.83, with a 24-hour range of $2,473.24-$2,513.03
- —U.S. spot-Ether ETFs lost $491.4 million in net outflows from October 6-9
- —Perpetual-futures open interest in ETH stood near $43.65 billion
- —BitMine holds over 6 million ETH; Glamsterdam activated on Sepolia on October 6
Why it matters: The bounce above $2,500 lacks ETF inflow confirmation, so holding the level depends on whether institutional demand returns.
Source: The Crypto Times