In the first few hours of trading in East Asia, ETH fell more than 7.5% to more than $3,100, likely due to continued concerns about the grey release of ETHE funds. It is worth noting that the price movement of ETH is closely related to the stock of Nvidia, which fell by more than 6% today. For most of this year, the cryptocurrency price has been closely related to the company's stock movement. (CoinDesk) Earlier today, Trader T data showed that the total net outflow of the US spot Ethereum ETF was 133 million US dollars yesterday, of which the grey release ETHE net outflow was 326.90 million US dollars.