Ethereum extended its losses over the weekend as selling continued across the cryptocurrency market. CoinGlass data showed ETH declining from approximately USD 1,930 to USD 1,769 on November 14, representing a daily loss of more than 8%.
The cryptocurrency subsequently traded near USD 1,710 on November 15 before recovering above USD 1,800. ETH had reached approximately USD 2,450 on November 4, leaving its price more than 25% below that peak during the latest decline.
Meanwhile, US spot Ethereum exchange-traded funds recorded approximately USD 2.36 million in net inflows on November 13, according to SoSoValue.
Fidelity's FETH attracted USD 11.64 million, while Grayscale's Ethereum Mini Trust recorded withdrawals of USD 9.28 million. The modest net inflow followed USD 70.57 million in withdrawals on November 12, showing a reversal in daily fund flows despite Ethereum's continued price decline.
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