Ether ETFs saw a major outflow on Sep. 12, with Grayscale’s ETHE losing $20.1 million.

Sept 14, 2024 Sept 14, 2024

Ethereum’s reserve is up by over 94,000 ETH ($220m), signaling possible increased selling pressure.

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Ethereum price drops 0.82% in 24 hours, trading at $2,347.91. Volume down by 27.68%.

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ETH is undervalued based on 50-day SMA ($2,696.95). Analysts predict a 7.15% rise within 30 days.

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BlackRock’s reported: Spot Ether ETFs might see more outflows; Last inflow was $4.3M on Sep. 10.

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