Ether Trades on Both Sides of $2,400 for Six Days as ETF Outflows Continue

Ether (ETH) traded above and below $2,400 in each of six UTC sessions through Tuesday, while U.S. spot Ether ETFs extended their outflow streak to five trading sessions. On Coinbase’s ETH/USD market, Ether fell to $2,369.51 during the Oct. 20 UTC session before closing at $2,446.62 at 8 p.m. ET Tuesday (00:00 UTC Wednesday). It also finished the Oct. 17 UTC session below $2,400, at $2,399.68. The six days of trading on either side of the level do not establish that it held as a floor throughout the period.