🔴 FETH is trading 4.69% down in pre-market amid $449 million in ETH liquidations

FETH is trading at $21.13, down -4.69% in pre-market amid broader crypto-sector pressure, as Ethereum fell 4.4% over 24 hours.

• Leveraged positions were liquidated, including $449 million in ETH liquidations.
• U.S. spot Ether ETFs recorded $365.28 million in outflows for the week through November 6, extending their outflow streak to six weeks; supplied broader-index futures were higher.