Ethereum consolidates below $2,800 despite $746M in ETF inflows
- —US spot ETH ETFs drew $66.1 million on September 24, a fifth straight day of inflows
- —Combined inflows over the period reached roughly $746.5 million
- —Bitmine's Ethereum holdings rose to nearly 5.98 million ETH after buying 27,562 ETH
- —ETH futures liquidations hit $43.1 million in a day, with longs at $28.1 million
Why it matters: Holding $2,625–2,650 keeps the uptrend intact, while a break lower opens the door to $2,500.
Source: Invezz