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Ethereum Falls 12% Amid Heavy Liquidations and ETF Outflows

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$3,028.701.69%
Ethereum news broke as ETH price dropped 12% in a week, trading below $3,000. Over $200 million in liquidations hit as ETH neared $2,850–$2,900. Weekly active addresses fell to 324,000, the lowest since May. U.S. spot ETH ETFs saw $224 million in outflows, led by BlackRock’s ETHA. Large holders sold 28,500 ETH in a short span, worsening the sell-off.
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