Ethereum price falls despite BitMine buying another 9,587 ETH

Ethereum price has fallen slightly over the past 24 hours to $2,120 on November 10, extending its recent losses as spot ETF outflows continue and traders monitor activity among large ETH holders. Ethereum price declined to $2,120, underperforming Bitcoin despite relatively stable conditions across cryptocurrency markets Tuesday. U.S. spot Ethereum ETFs recorded $184.51 million in net outflows on November 9, SoSoValue reported. Lookonchain reported that an Ethereum Foundation-linked wallet sold 1,000 ETH worth approximately $2.13 million Tuesday. Santiment recorded over 630 daily large stETH transactions as borrowing activity involving staked Ether increased.