Altcoin Sell-Off
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Ethereum Sell-Off Shocks Investors: $42.5 Million Out in a Single Day!
- August 16, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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In a striking turn of events, Ethereum ETFs have experienced their largest outflow since August 2, signaling growing bearish sentiment in the market. The latest data reveals that $39.2 million exited Ethereum ETFs on Thursday, with the majority of the outflows stemming from Grayscale’s Ethereum Trust (ETHE), which recorded a substantial withdrawal of $42.5 million.
