Ethereum hovered around $2,495 after repeatedly failing to hold above $2,500, with selling by mid-tier and smaller holders outweighing purchases by larger addresses. Wallets holding 1,000 to 10,000 ETH sold 214,000 ETH in seven days, while the 100-to-1,000 ETH cohort sold another 93,000 ETH. Addresses holding 10,000 to 100,000 ETH added 82,000 ETH, leaving net selling pressure despite an average acquisition cost near $2,265 for the distributing cohorts. U.S. spot Ether ETFs recorded $218.4 million in weekly net inflows, down 74% from roughly $824 million in the preceding week, while Bitcoin ETFs drew $986.9 million over the same period. Exchange reserves fell by more than 116,000 ETH, worth about $300 million, in 48 hours to about 11.92 million ETH, their lowest level since Aug. 31. Analysts identified $2,475 as a support zone where 2.86 million ETH previously changed hands, while resistance has emerged between $2,520 and $2,544. Daily active Ethereum addresses remained below 500,000 throughout September, more than 5% below the comparable period a year earlier. Earlier CoinMarketCap data for Aug. 31 through Sept. 4 showed $130.3 million of Ether ETF inflows and $968.9 million for Bitcoin ETFs, reflecting a different measurement period.