Markets· ★★★· bearish·

Ethereum consolidates near $2,700 as exchange reserves rise by 125K ETH

  • —ETH exchange reserves rose by 125K coins over four days
  • —Realized profits on ETH topped $222 million on Friday
  • —Spot ETH ETF inflows fell from $269.9 million to $17.1 million
  • —$61.6 million in ETH positions were liquidated in 24 hours, $33.7 million of them shorts
Why it matters: Rising exchange reserves and fading ETF inflows point to profit-taking risk ahead of key US macro data.
#ETH
Source: FXStreet Crypto
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