Ethereum Drops Below $2,500 Ahead of October 15 Upgrade Talks
- —ETH briefly slipped below $2,500 on October 13
- —Rising ETH inflows to exchanges added selling pressure
- —Spot ETH ETFs logged ten consecutive days of outflows
- —Developers discuss the network upgrade on October 15
Why it matters: Ten straight days of ETF outflows and rising exchange inflows signal weak demand; the October 15 upgrade talks could set ETH's near-term direction.
Source: Cryptonews.net