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Ethereum ETFs See First Outflows in 19 Days As ETH Open Interest Tanks 19%

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Summary
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64% Informative

BlackRock’s iShares Ethereum Trust ( ETHA ) reached a milestone of $5.2 billion in net flows.

Spot Ether ETFs saw the first outflows after 19 consecutive days of accumulation.

Over the past two weeks , ETH whales have accumulated 166,199 ETH , worth $435 million .

ETH open interest tanked 19% as the ETH price dropped to $ 2,500 , triggering a leverage reset.

The ETHA stock faced strong selling pressure on Friday , slipping under $20 .

VR Score

45

Informative language

34

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26

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formal

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English

Language complexity

34

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short-lived

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