Arthur Hayes, co-founder of BitMEX, sold 6,000 Ethereum at $1,690 per coin, incurring a loss of about $606,000 as ETH struggles to hold the $1,700 support level. This move surprised investors since Hayes is known for buying low and selling high, raising doubts about his confidence in Ethereum's near-term price. Despite Hayes' sell-off, large investors or whales continue to accumulate Ethereum aggressively, indicating mixed market sentiment. The price of Ethereum remains under pressure, with analysts warning it could drop further to $1,500 if selling intensifies, while some hope for a rebound to $1,900.
Ethereum dropped over 8% to around $2,200 on November 6 due to intensified selling pressure from institutional investors withdrawing nearly $100 million from spot ETH ETFs and large leveraged liquidations. The cryptocurrency failed to hold above $2,4...
XRP Ledger remains the top platform in tokenized commodities for 2026, driven by a $2.2 billion energy contract from the Justoken JMWH fund. This single deal accounts for 89% of the XRP Ledger's tokenized commodities market, far surpassing competitor...
Bitcoin dominated cryptocurrency market movements with $135.22 million in inflows and $44.07 million in outflows over a five-hour period, indicating robust investor interest. Other notable inflows included Ethereum ($87.84M), BETH, and BNB, while sta...
In the latest 24-hour period ending November 6, 2026, major cryptocurrencies BTC, ETH, and SOL experienced net outflows, with BTC seeing the largest at $259.58 million. Conversely, stablecoins USDC and USDT led net inflows, with USDC attracting $302....
As of November 6, Ethereum held $136.55 billion in stablecoins compared to Solana's $14.76 billion, highlighting a significant capital difference between the two networks. Decentralized finance value locked on Ethereum was also much higher at $42.99 ...
