2026-08-01 19:04:35
ETH slips slightly in the short term by 0.06%: ETF net outflows and the breaking of the deflation narrative converge to weigh on prices
Between 18:00 and 19:00 UTC on August 1, 2026, the ETH/USDT pair saw a brief dip of 0.06%. The price range was 1,860.12 to 1,862.77 USDT, with a movement of 0.14%. The price fell from around $1,863 to near $1,837. Although the absolute drop was limited, market attention clearly increased, and investors’ concerns about ETH’s mid-term outlook intensified. The main driver behind this move was the combined effect of ongoing net outflows from spot Ethereum ETF funds and a decline in macro risk appeti