Ethereum slips below $2,300 as Glamsterdam test is delayed and ETF outflows persist
- —ETH dropped to $2,285 and rebounded to $2,360, still 12% below early-October levels
- —Glamsterdam activation on Hoodi was postponed from October 26 with no new date
- —U.S. spot ETH ETFs shed $220.7 million over five sessions through October 23
- —Reclaiming $2,500 requires a break above $2,400 and the $2,480–2,500 zone
Why it matters: The upgrade delay and weak ETF demand weigh on ETH; losing $2,285 would expose $2,200 and then $2,000.
Source: Coinpaper