Ethereum is trading narrowly around $1,570 after a week marked by significant selling from large holders who liquidated about 550,000 ETH worth $880 million. U.S. spot Ethereum ETFs saw $12.85 million in net withdrawals over seven consecutive days, indicating weak institutional support. The key support level at $1,583 is critical; a breach could push prices down to $1,237 or even $1,089. While some analysts see buying opportunities below $1,800, ongoing selling pressure and bearish technical signals suggest cautious market conditions ahead.
Bitcoin's sharp rallies have become less frequent due to institutional call-option selling and profit-taking by large holders, yet a price of $90,000 by the end of 2026 is projected. Market sensitivity to Wall Street strategies and macroeconomic news...
During the hour ending at 9:24 a.m. ET on Nov. 3, $7.75 million worth of short positions in Ether (ETH) were liquidated across Binance, Bybit, and OKX exchanges. The total liquidations, including $2.51 million in long positions, reached $10.26 millio...
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% ...
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...
