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Early Ethereum investors sold 4,000 ETH amid largest net outflow in 4 months, signaling potential market shifts.

Market News
24 Oct 2026
Crypto news
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Bearish
Early Ethereum investors sold 4,000 ETH amid largest net outflow in 4 months, signaling potential market shifts.

Early Ethereum investors sold a total of 4,000 ETH from two wallets, with one ICO participant selling 1,000 ETH and another holder offloading 3,000 ETH worth $7.23 million. This activity coincides with Santiment's report of the largest daily net ETH outflow from exchanges in over four months, totaling 169,770 ETH. Additionally, an institution inactive for over a year moved $18.79 million in AAVE and WLD tokens to exchanges, signaling possible upcoming sales. These movements suggest cautious sentiment among early holders and institutions, with Ethereum's price pivot points identified around $2,400 to $2,500. Meanwhile, Ethereum ETFs have seen significant withdrawals recently, reflecting reduced investor exposure.

Ethereum trades at Rp42.913.453 on Pluang as of Oct 24, 2026 13:41 WIB, down 1.10% in the last day. Despite the large outflow of 169,770 ETH from exchanges noted in the news, Pluang order activity shows a majority of 61% buyers versus 39% sellers, indicating ongoing interest. AAVE, another token mentioned, is priced at Rp2.581.330 with a sharper 1-day decline of 4.25%, reflecting some selling pressure as institutions move assets around.

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