Markets· ★★★· bearish·

Ethereum holds near $2,300 as ETH ETF outflows and ICO holder selling weigh on price

  • —ETH trades near $2,309, down 0.43% on the day and 13.6% in October
  • —ETH ETF outflows: $88.58 million on October 26, $320.1 million on October 12–16
  • —An Ethereum ICO participant sold 1,500 ETH for $3.48 million in eight hours
  • —NUPL fell to 0.0073; bulls need to reclaim $2,350 to target $2,550
Why it matters: ETH sits at key $2,300 support: a break opens the way to $1,900, while reclaiming $2,350 would set up a recovery toward $2,550.
Source: Happycoin.club