Ethereum shorts keep selling as ETH holds near $2,700 despite $206M U.S. spot ETF outflows
US spot Ethereum ETFs saw $206M of net outflows, signaling institutional de-risking and reduced marginal demand for ETH. Despite continued selling pressure from bears, ETH holding near $2,700 highlights near-term price resilience and active dip-buying or positioning support. The divergence between fund flows and spot stability can heighten volatility as market participants reassess liquidity and positioning.
AI Insight · ETH/USDTAI Insight
▼ Bearish
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Ethereum short sellers have continued to sell, but ETH has remained near $2,700. U.S. spot Ethereum ETFs posted $206 million in net outflows on the day, suggesting institutions are reducing ETH exposure. The market appears increasingly divided, with selling pressure persisting alongside price resilience.