Ethereum rebound stalls near $2,500 amid $542 million ETF outflows and stretched longs

Ethereum's rebound attempt has stalled near $2,500 following a bounce from $2,400 to $2,519, weighed down by roughly $542 million in weekly spot ETF outflows and long liquidations. While total open interest reached 10.58 million ETH ($12.9 billion), both 30-day and 180-day open interest deltas remain negative. The stall follows a 157% weekly surge in Bitfinex margin longs to a four-year high of 283,410 ETH ($709 million), pushing the exchange's long-to-short ratio to 80:1 and raising long-squeeze risks as RSI surpassed 82.