The post Ethereum price dips below $3.9K as ETF outflows hit $145M appeared on BitcoinEthereumNews.com. Ethereum’s slide under $3,900 has deepened as spot exchange-traded fund outflows continue and a bearish on-chain “death cross” raises fears of further downside. Summary Ethereum price fell below $3,900, down 4.8% in 24 hours and 13% this month. Spot ETH ETFs record $145M in daily outflows, led by BlackRock and Fidelity. The MVRV “death cross” reappears, echoing patterns that preceded past selloffs. Ethereum traded at $3,876 at press time, marking a 4.8% drop in the past 24 hours and extending its weekly loss to 4.6%. Over the past month, ETH has shed more than 13%, now standing 21% below its all-time high of $4,946 set on Aug. 24. In the last 24 hours, Ethereum’s (ETH) spot trading volume reached $33.5 billion, down 5.9% from the previous day, a sign that traders are turning cautious as volatility cools. Ethereum’s derivatives volume also dropped 10.37% to $72.55 billion, as per CoinGlass data, while open interest fell 3.66%. This decline suggests that leveraged traders are winding down their positions, probably taking profits or lowering exposure. Spot ETH ETF outflows weigh on sentiment According to SoSoValue data, Ethereum spot ETFs saw $145.68 million in net outflows on Oct. 20, marking the third consecutive day of withdrawals. BlackRock’s ETHA accounted for $117.8 million, followed by Fidelity’s FETH with $27.8 million. Other issuers remained largely unchanged. Monthly outflows have now totaled $652 million, indicating institutional caution as well as a general shift in capital toward other safer assets like gold and Bitcoin (BTC). This change has dampened expectations for Ethereum’s long-awaited climb above $5,000, stalling momentum from its earlier “Uptober” rally. Adding to the bearish tone, on-chain analyst Ali Martinez noted that Ethereum’s MVRV Momentum just flashed a “death cross” — a pattern that last preceded a drop from $3,300 to $1,400. The MVRV Momentum metric… The post Ethereum price dips below $3.9K as ETF outflows hit $145M appeared on BitcoinEthereumNews.com. Ethereum’s slide under $3,900 has deepened as spot exchange-traded fund outflows continue and a bearish on-chain “death cross” raises fears of further downside. Summary Ethereum price fell below $3,900, down 4.8% in 24 hours and 13% this month. Spot ETH ETFs record $145M in daily outflows, led by BlackRock and Fidelity. The MVRV “death cross” reappears, echoing patterns that preceded past selloffs. Ethereum traded at $3,876 at press time, marking a 4.8% drop in the past 24 hours and extending its weekly loss to 4.6%. Over the past month, ETH has shed more than 13%, now standing 21% below its all-time high of $4,946 set on Aug. 24. In the last 24 hours, Ethereum’s (ETH) spot trading volume reached $33.5 billion, down 5.9% from the previous day, a sign that traders are turning cautious as volatility cools. Ethereum’s derivatives volume also dropped 10.37% to $72.55 billion, as per CoinGlass data, while open interest fell 3.66%. This decline suggests that leveraged traders are winding down their positions, probably taking profits or lowering exposure. Spot ETH ETF outflows weigh on sentiment According to SoSoValue data, Ethereum spot ETFs saw $145.68 million in net outflows on Oct. 20, marking the third consecutive day of withdrawals. BlackRock’s ETHA accounted for $117.8 million, followed by Fidelity’s FETH with $27.8 million. Other issuers remained largely unchanged. Monthly outflows have now totaled $652 million, indicating institutional caution as well as a general shift in capital toward other safer assets like gold and Bitcoin (BTC). This change has dampened expectations for Ethereum’s long-awaited climb above $5,000, stalling momentum from its earlier “Uptober” rally. Adding to the bearish tone, on-chain analyst Ali Martinez noted that Ethereum’s MVRV Momentum just flashed a “death cross” — a pattern that last preceded a drop from $3,300 to $1,400. The MVRV Momentum metric…