Ethereum Price Prediction: Is $1,500 Next As Institutional Flows Turn Negative?

• Ethereum tests $1,824 as BitMine Immersion adds 51,162 ETH worth $98M, pushing total holdings to 4.42M ETH or 3.66% of supply.
• Open interest drops 2.15% to $23.40B as ETF outflows reach $49.48M on February 23, extending institutional selling pressure.
• BitMine’s $16.4B ETH treasury now worth $8.2B, leaving $8B+ unrealized losses as price breaks below ascending trendline support.

Ethereum price today trades near $1,824, down 0.35% in the past 4 hours as the token breaks below critical ascending trendline support. The move comes as BitMine Immersion Technologies continues aggressive accumulation despite sitting on over $8 billion in unrealized losses, while Ethereum spot ETFs recorded $49.48 million in net outflows.

ETF Outflows Hit $49.48M As Institutional Selling Continues

According to SoSoValue data, Ethereum spot ETFs recorded $49.48 million in net outflows on …

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