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ETH selloffsCoinGape
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71% Informative
On August 15 , spot Ethereum ETFs experienced a total net outflow of $39.2 million , a clear indication of investors’ waning confidence in the crypto’s short-term prospects.
This development comes at a crucial juncture, with analysts pointing to technical indicators that suggest further downside potential.
A whale sold 2,978 ETH , adding to bearish sentiment in the Ether market.
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