Markets· ★★★★· bearish·

Ethereum ETFs near record monthly outflows as ETH tests $2,310

  • —October ETH ETF outflows hit $1.26 billion, near the $1.42 billion record
  • —Investors pulled $88.5 million from spot ETH ETFs on October 26
  • —ETH at $2,310: realized price, 200-day EMA and 1K-10K wallet cost basis overlap
  • —ETH futures saw $35 million in liquidations in 24 hours, $27 million from shorts
Why it matters: A decisive break below $2,310 could accelerate selling by break-even holders and expose $2,256 and lower.
Source: FXStreet Crypto