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Ether ETFs bleed about $100 million as ETH liquidations top $200 million

US spot ether ETFs recorded roughly $99.9 million in net outflows on 5 November, led by BlackRock's ETHA at about $75 million, reversing a small inflow the day before, according to SoSoValue data. Ether slid more than 8% over 24 hours to around $2,220, with about $210 million in ETH positions liquidated, mostly longs. Open interest in ether derivatives has shrunk to about $11.4 billion from nearly $16 billion in late September, CryptoQuant data shows.

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