ETH Nears $2,000, Weekly Decline Exceeds Bitcoin's

On November 12, according to The Defiant, Ethereum prices approached $2,000, dropping approximately 16.1% over the past week, while Bitcoin fell around 8.9% during the same period.

Data from CoinGecko shows that ETH was priced at $2,003.33 at 21:19 Beijing Time. The Defiant calculated based on a CoinGecko snapshot that ETH declined approximately 14.7% over the past 28 days, and BTC fell about 9.9%.

Data from Farside Investors shows that US Ethereum ETFs recorded net outflows of $144.8 million on November 11, marking the fifth consecutive trading day of net outflows since November 5, with BlackRock's ETHA accounting for $129.8 million in net outflows.