Ethereum Tests 200-Day Average as Weekly ETF Outflows Reach $657M
Ethereum was rejected near its 200-day average after spot ETH ETFs recorded $657 million in weekly outflows.
Ethereum was rejected near its 200-day average after spot ETH ETFs recorded $657 million in weekly outflows. Ethereum (ETH) is trading at ₹2,09,859 ($2,229.83). This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Sun, 08 Nov 2026 03:00:02 UTC.
The combination of technical resistance and sustained ETF withdrawals could increase pressure on ETH, while the $1,940 area near August’s low is being watched as a key downside reference.
- ETH was rejected at its 200-day moving average.
- Spot ETH ETFs lost $657 million over one week.
- Crypto Daily identifies $1,940 near August’s low as a key level.
- ETH trades at $2,230.88, down 0.68% over 24 hours.
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- Ethereum Tests 200-Day Average as Weekly ETF Outflows Reach $657M — this brief
Ethereum was rejected at its 200-day moving average, according to Crypto Daily, as spot ETH exchange-traded funds recorded net outflows of $657 million over the preceding week. The report frames the setback as part of a possible 13% downside scenario for ETH.
Crypto Daily points to $1,940, close to Ethereum’s August low, as the level that could determine the next phase of the move. That reference is materially below ETH’s current live price of $2,230.88. The outlet’s emphasis is on the interaction between the failed technical test and institutional-fund withdrawal rather than on a single trading session.
ETH is down 0.68% over 24 hours and 1.29% over seven days, while its market capitalization stands at $272.71 billion. Its seven-day decline is steeper than 
Bitcoin’s 0.45% daily move, placing Ethereum under relative short-term pressure.
The wider crypto market capitalization is $2.6 trillion and remains broadly flat, indicating that Ethereum’s weakness is occurring against a stable overall backdrop rather than a broad market contraction. The Fear & Greed index stands at 28, within the “Fear” zone. The next referenced areas to monitor are the 200-day average above current trading levels and the $1,940 floor near the August low.
Since this brief published about 16 hours ago, Ethereum (ETH) has moved from ₹2,09,958.12$2,230.88 to ₹2,09,859.30$2,229.83 — -0.05%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹229,672.49 (about $2,229.83), down 0.6% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ethereum Tests 200-Day Average as Weekly ETF Outflows Reach — questions & answers
Why was Ethereum’s price action highlighted?
ETH was rejected at its 200-day moving average. Crypto Daily said the level, together with ETF outflows, could influence the next move.
How much money left spot Ethereum ETFs?
Spot ETH ETFs recorded $657 million in net outflows over one week, according to Crypto Daily.
What price levels are being watched?
Crypto Daily highlighted $1,940 near the August low as a downside reference. ETH was trading at $2,230.88 at the time of the supplied market snapshot.
How much is 1 Ethereum worth in rupee today?
About ₹229,672.49 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,229.83. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.