Sam Price Points Out Ethereum Price Surge Amid ETF Fund Outflows
According to Twitter user Sam Price, the spot Ethereum ETF has seen outflows of approximately $389 million since October 14, with total outflows in October reaching about $1.08 billion. Despite this, the price of Ethereum rebounded today to around $2,480, an increase of about 4%. Sam Price believes that spot buyers have driven the price up, but he remains skeptical about the price increase until ETF inflows recover.
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