Ethereum's exchange reserves have dropped to their lowest since 2016, falling 58.6% from a 2020 peak, which may indicate reduced selling pressure. Institutional investor Bitmine has increased its holdings by $11.22 million, now controlling nearly 5% of Ethereum's supply, while derivatives traders show renewed bullish sentiment. Ethereum is defending the $2,243 support level, with technical indicators suggesting possible selling exhaustion and a potential price recovery toward $2,385 if buying continues. These factors combined suggest a supply-driven recovery could be underway despite current market weakness.
Following the news of Ethereum's exchange reserves hitting a 2016 low, ETH is trading at Rp41.722.234 on Pluang as of Nov 04, 2026 00:22 WIB, showing a 1.67% gain in the past day. The platform sees a majority of buying interest with 61% of orders as buys and a typical hold time of 108 days, indicating steady investor confidence amid the current market dynamics.
Ethereum (ETH), the second-largest cryptocurrency by market cap, traded just below $2,300 at $2,293 on Binance's spot market on November 3. Earlier, it was slightly above $2,300, showing a brief dip below this key level within 15 minutes. Despite thi...
Major cryptocurrencies declined as Bitcoin ETFs experienced over $1 billion in outflows following the $6.3 billion Binance hack. Despite the sell-off, analyst Tom Lee called the market's response "constructive," highlighting Binance's coverage of los...
Following the October 29 Binance hack, Ethereum's supply on exchanges dropped from 3.56% to 3.20%, indicating a significant outflow of around 297,000 ETH. However, this decline appears to reflect a liquidity shift rather than panic selling, as some E...
Ethereum ETFs have experienced six consecutive days of net withdrawals, totaling about $571 million between October 26 and November 2, led by BlackRock's significant selling. This continued institutional selling pressure has coincided with Ethereum's...
The BNB Foundation completed its 37th quarterly burn on October 19, removing approximately 1.65 million BNB tokens, which is about 1.25% of the total supply after the burn. This burn is part of an ongoing program that adjusts the amount burned based ...
