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Ethereum falls over 16% in October as ETF outflows exceed $1.6 billion
Ethereum dropped more than 16% during October, driven by record ETF outflows of over $1.6 billion. After a brief rally early in the month, the price was rejected at the $2,800 resistance level. By the end of October, ETH reached a two‑month low of $2,150. Cumulative net inflows for Ethereum ETFs fell from $13.89 billion at the end of September to $12.29 billion in October, marking the largest monthly net outflow since the ETFs began.