Markets· ★★★· bearish·

$366M pulled from Ethereum ETFs in two days as whales buy the dip

  • Outflows from Ethereum ETFs totaled $366 million over two days
  • Whales are using the ETH dip to accumulate positions
  • The outflow continues amid weakness in the Ethereum price
Why it matters: Sustained outflows from ETH funds weigh on the price, but whale buying may signal a local bottom.
Source: Google News (crypto query)