US spot Ether ETFs posted five consecutive days of outflows, shedding approximately $206 million since September 29, with cumulative net inflows now at about $13.75 billion. ETH trades around $2,711, remaining roughly 44% above its August 6 level despite significant selling pressure. Ethereum’s estimated leverage ratio fell to 0.66, its lowest in seven months, indicating reduced derivatives exposure, while Binance’s Cumulative Net Taker Volume flipped to -$1.36 billion. The Age Consumed metric surged to 580 million token-days on September 30, suggesting dormant coins moving, yet exchange balances remained nearly unchanged, limiting actual selling pressure.
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