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29.12 - 11:13
What Ethereum investors need to watch out for in the coming days
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Ethereum is down by 13.06% this month. However, this week, the alt saw the first sign of consolidation as the it barely noted any change in price. However, the netflows observed until three days ago, paint a more concerning picture for Ethereum investors.
The week ending 17 December saw the biggest outflows in digital assets in a while, totaling $142 million. In fact, this was the first time in over 17 weeks that the overall netflows leaned toward negative.
However, Ethereum, in particular, stood out this week thanks to its outflows of $63 million which is making the situation worse for ETH holders.
Throughout the month and until last week netflows maintained a balance between inflows and outflows, keeping Ethereum outflows at a low of $3.6
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