Ethereum Price Below $2K: ETF Outflows Near $532M in Six Days
Image: The Coin Republic
Key Insights Ethereum price fell below $2,000 as selling pressure intensified. Ethereum ETFs recorded six consecutive outflow sessions, totaling approximately $531.9 million. Foundation-linked selling contrasted with a whale’s $19.91 million ETH purchase. Ethereum price fell below $2,000 on Nov. 13 as exchange-traded fund withdrawals coincided with another broad cryptocurrency selloff. TradingView data showed ETH trading near $1,933, down 4.17% on the displayed daily candle. The decline followed several sessions of institutional fund redemptions and renewed attention to large wallet transactions. The retreat placed a previously defended price area under pressure. Investors now face conflicting signals: shrinking demand through U.S. exchange-traded products and purchases by selected large holders. Neither trend alone establishes where the market will stabilize.
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