Markets· ★★★· neutral·

Ethereum holds near $2,400 despite 15 straight days of ETF outflows

  • —US spot ETH ETFs lost $103.2 million Monday and $26 million Tuesday
  • —CryptoQuant puts ETH realized price near $2,311, an onchain support reference
  • —ETH futures liquidations hit $90.59 million in 24 hours, $62.17 million in shorts
  • —Key upside barriers sit at the 50-day EMA of $2,444 and 20-day EMA of $2,500
Why it matters: Holding $2,324–$2,362 keeps the rebound alive, but reclaiming $2,444–$2,500 would be the first real sign of a reversal.
Source: Invezz