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Ethereum and Solana face steep June losses but traders remain engaged despite outflows.

Market News
12 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

June has been a tough month for Ethereum and Solana, with Ethereum down 17.1% and Solana down 20.5%, both exceeding their usual historical June declines. Ethereum spot ETFs have seen significant outflows, while Solana's ETF flows remain flat, contributing to the price drops. Despite these losses and weak demand, traders have not fully exited their positions, as indicated by positive funding rates and substantial open interest for both tokens. This suggests cautious optimism remains in the market despite the sell-off.

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