ETH Price Dips 2.3% Amid $152M ETF Outflows and 46% Volume Surge—Volatility Ahead?

Ethereum (ETHUSDT) experienced a 2.30% price decline over the past 24 hours, with the current price at 3,566.15 USDT on Binance. The price movement is attributed to a combination of factors, including increased institutional activity—such as significant purchases by large entities and whale accumulation—contrasted by a notable net outflow of $152.3 million from U.S. spot Ethereum ETFs and over 641,600 ETH leaving centralized exchanges in the past week. Technical analysis indicates mixed sentiment, with resistance near the $3,520–$3,800 range and heightened volatility driven by conflicting market signals and elevated trading volumes.

In the latest session, Ethereum saw a trading volume surge of 46.60% to $31.28 billion, with a 24-hour high of 3,736.75 USDT and a low of 3,542.06 USDT, while its market capitalization remains around $440 billion, reinforcing its position as the second-largest cryptocurrency by market cap.