By Isaac • October 6, 2026 3:13 pm •
Ether is taking punches from several directions, yet the price is still standing near $2,700.
U.S. spot Ether exchange-traded funds have now posted five straight sessions of withdrawals. Derivatives traders are leaning harder into selling.
Long-dormant coins have started moving. Normally that combination would look like a clean warning that a deeper breakdown is underway.
So far, it has not produced one.
According to CryptoSlate, spot ETH ETFs lost $50.76 million on October 5 and about $205.88 million since September 29. Cumulative net inflows fell to roughly $13.75 billion as Ether traded near $2,711.
The report found that Binance taker-flow data had turned sharply negative while open interest remained elevated. Aggressive sellers were pressing the trade
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