BlackRock: $1.32B ETH Outflows Over Past Month

BlackRock recorded continuous ETH outflows totaling 580145 ETH ($1.32B) over the past month, according to Lookonchain.

Price sits at $2289.73 inside the Bollinger band on the 4h chart. The structure remains bearish with price below both EMA50 at $2303.28 and EMA200 at $2433.83. MACD shows a bullish golden cross at -3.39 while RSI holds neutral at 52.59.

With price testing upper Bollinger resistance near $2303.25 while the 50-EMA acts as immediate overhead resistance, a rejection here would likely send ETH toward the lower band support at $2219.46 before any sustained recovery attempt.