NewsSignals AI analysis·Stocktwits·
Ethereum Price Recovers Despite 6 Straight Days Of ETF Selling, With Holders Sitting On Billions In Losses
Grade Abullish AI signal$ETH$BTC
Ethereum rebounded 1.8% to around $2,290 despite six consecutive days of spot ETF outflows, highlighting resilience amid persistent institutional selling pressure.
U.S. spot Ethereum ETFs recorded $139.8 million in outflows on Monday, while ETF holders faced nearly $3.5 billion in unrealized losses with an estimated average cost basis below $3,200.
However, ETH is showing stronger momentum against Bitcoin, which could signal improving relative demand across the Ethereum ecosystem despite continued ETF weakness.
Bullish strength: 55/100
- ETH rebounded 1.8% to approximately $2,290 despite six consecutive days of ETF outflows.
- ETH is outperforming BTC in recent relative momentum.
- ETH/BTC recovered above the cited support level near 0.0287 and reached approximately 0.0294.
Bearish strength: 45/100
- U.S. spot Ethereum ETFs recorded $139.8 million in daily net outflows.
- ETF outflows continued for six consecutive days, with the last inflow recorded on October 23.
- Ethereum ETF holders were sitting on nearly $3.5 billion in unrealized losses.
- ETH remains below the estimated ETF average cost basis of just under $3,200.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.