Ethereum's market shows a split: large whale orders have reappeared for the first time since mid-August, signaling renewed interest from big investors around the $2,400 price level. However, futures traders have been predominantly selling throughout October, indicating caution or bearish sentiment. Regular retail traders remain largely inactive, maintaining a neutral stance. The price is recovering slowly, with key indicators suggesting sell pressure is easing, but Ethereum still needs to surpass $2,500 to confirm a stronger upward trend.
Big Ethereum orders have returned, with Pluang market data as of Oct 21, 2026 11:51 WIB showing a broad rise among major cryptocurrencies: 42 of 50 priced assets increased while 7 fell. Notable movers include THETA at Rp3.705 with a 9.88% gain and 100% sell order activity, EOS at Rp12.649 up 8.13%, and VET at Rp130 rising 7.17% with a near-even buy-sell split. The most notable figure is THETA's full sell order activity.
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