Data Revealed: Ethereum ETFs Sold Nearly 564,000 ETH Worth $1.13 Billion in Five Weeks

Massive Ethereum ETF Sell-Off Analysis

Recent blockchain data reveals a significant trend: Ethereum ETFs have sold off a substantial amount of ETH over the past five weeks, totaling approximately 563,600 ETH, equivalent to $1.13 billion.

Market Impact

This sell-off has drawn widespread attention and could significantly impact Ethereum's price. Analysts suggest that such large-scale capital movements typically reflect institutional investors' assessment of current market conditions.

• Total sold: 563,600 ETH

• Estimated value: $1.13 billion

• Time frame: Five weeks