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Ethereum sees largest exchange outflows in 4 months amid mixed signals on price recovery.

Technical Signals
24 Oct 2026
AMBCrypto
View Source
Bearish
Ethereum sees largest exchange outflows in 4 months amid mixed signals on price recovery.

Ethereum experienced its biggest daily exchange outflows in over four months, with 169,770 ETH leaving exchanges, signaling potential price recovery. However, early investors sold 4,000 ETH, and futures market data shows continued selling pressure. Technical indicators remain bearish, suggesting ETH could drop further toward $2,300 unless support levels hold. The mixed signals create uncertainty about Ethereum's short-term price direction.

Ethereum trades at Rp41.403.319 on Pluang as of Oct 24, 2026, 22:21 WIB, down 4.42% in the last day. Despite the article's note on large outflows and potential price risks near $2,300, Pluang data shows a balanced order activity with 61% buy and 39% sell, and a typical hold time of 108 days. The market cap stands at Rp5.191,02 trillion with a 24-hour volume of Rp136,67 trillion, indicating active trading amid mixed signals about ETH's short-term direction.

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