Ethereum Price Prediction: ETF Exodus Drags Price Below $1,900
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- Ethereum falls below $1,900 after $43 million in ETF outflows on February 27.
- Open interest drops 8.33% to $23.73 billion while volume surges 10.97% to $57.84 billion.
- Buterin unveils roadmap, but EMA breakdown drives price lower.
Ethereum price is trading near $1,868 at press time, down 2.88% after breaking below the $1,900 psychological support that held for the past week. The move places sellers in full control as institutional outflows accelerate and the technical structure collapses below all four major moving averages.
ETF Outflows Hit $43M
Ethereum spot ETFs recorded $43 million in net outflows on February 27, according to SoSoValue. BlackRock’s ETHA led the exodus with $43 million in redemptions, while other funds showed zero outflows. The outflow ends a three-day inflow pattern that brought in over $170M.
The outflows dwarf Bitcoin ETF selling on th…
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