An Ethereum whale sold 167,855 ETH worth about $408 million over five days, fully exiting its position. Despite this large sale, Ethereum's price recovered and traded above $2,500, gaining 4.3% in 24 hours. Meanwhile, Invesco ETF clients have continued accumulating ETH, adding about $167 million since March 2026, and Abraxas Capital bought 16,554 ETH worth nearly $40 million while maintaining large short positions. A suspected $1.7 million exploit involving Notional Finance also surfaced, with stolen funds converted into ETH. These mixed activities highlight diverse strategies among large holders as Ethereum's market cap stays above $306 billion.
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 ...
