Ethereum ETF sees first outflow in 32 days – market sentiment shifting?

Ethereum’s first outflow in 32 days leads to speculation about a shift in market sentiment. The ETF’s outflow of $19.7 million, coupled with a 4.60% drop in Ethereum’s price, highlights a potentially cautious view among investors.

Despite the decrease in price, certain large investors continue to purchase Ethereum, suggesting mixed feelings in the market. Realized profits reached $656 million as some chose to cash out, while others, like an Ethereum whale, bought over $295 million worth, indicating a long-term strategy.