Ethereum (ETH) maintained stability above $2,700, marking its first weekly close above this level in nine months, signaling renewed bullish sentiment. Treasury firm BitMine expanded its Ethereum holdings by 15,112 ETH, now controlling about 4.9% of the circulating supply, reflecting strong institutional confidence. Technical analyst Ted Pillows identified a weekly close above $2,800 as a key trigger for a potential rally toward $3,400-$3,500. Despite rising derivatives activity and positive price momentum, U.S. spot Ethereum ETFs saw $138 million in net redemptions, indicating some investor caution. Overall, Ethereum's price resilience and institutional accumulation suggest a bullish outlook if key resistance levels are surpassed.
Ethereum trades at Rp48,251,991 on Pluang as of Oct 06, 2026 14:32 WIB, showing a slight 1.04% decline over the past day. The platform records a market cap of Rp5.891,7 trillion and a 24-hour trading volume of Rp190,56 trillion, with typical investors holding ETH for about 107 days. This stable trading environment complements BitMine's recent expansion of its Ethereum holdings, highlighting ongoing institutional interest amid mixed investor sentiment on Pluang where sell orders slightly outweigh buys at 58% to 42%.
On October 5, US spot ETFs for Bitcoin and Solana experienced net outflows, while Ethereum ETFs saw net inflows, a reversal of the weekly trend where Bitcoin led inflows and Ethereum faced outflows. Over the week, Bitcoin ETFs gained $241.09 million,...
Bitcoin fell 1.2% to about $85,600 after sellers rejected attempts to push it above $87,000 for the third time since September 23, signaling resistance at that level. Analysts note Bitcoin is nearing a critical point in a triangle pattern formed by r...
Solana has started Q4 with stronger on-chain activity, processing more spot DEX volume than Ethereum and its Layer 2s combined. This surge, driven by increased tokenization and stablecoin liquidity, suggests growing demand for Solana's network. If th...
The U.S. SEC approved Cboe BZX's proposal for a new Volatility Shares 3x Ether ETF, allowing it to be listed but not yet traded pending S-1 registration. This leveraged ETF aims to amplify Ether futures price movements by three times but carries risk...
POAP founder Patricio Worthalter transferred 4,000 ETH worth about $10.79 million to the Gemini exchange, while still holding nearly 55,000 ETH valued at around $149 million. This transfer does not confirm a sale but indicates movement of ETH to a ce...
