Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion

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  • CryptoSlatefirst seen

    Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion

    About 169,770 ETH left centralized exchanges on net in one day, Santiment reported Oct. 23, the largest daily withdrawal in more than four months and worth about $407 million at the $2,400 reference price. The last bigger episode came June 5, when roughly 223,800 ETH left exchanges near what Santiment calls a local buying opportunity.…

  • Blockonomi

    Ethereum Price Holds Near $2,376 as Whale Liquidation Risk Grows

    TLDR: Santiment reported that 169,770 ETH left exchanges in one day, the largest daily outflow in more than four months and a possible supply-side support signal. A similar June 5 outflow episode preceded roughly 223,800 ETH in net withdrawals and an ETH price bottom, though that historical sequence does not ensure another rebound. Two early Ethereum holders reportedly sold 4,000…