Ethereum trades near $2,700 as US spot ETFs record $206 million in outflows
Ethereum
Ethereum's institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure. US spot ETH exchange-traded funds recorded $50.76 million of net outflows on Oct. 5, extending their losing streak to five consecutive sessions, according to SoSoValue data.
ETH
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