Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion

About 169,770 ETH left centralized exchanges on net in one day, Santiment reported Oct. 23, the largest daily withdrawal in more than four months and worth about $407 million at the $2,400 reference price. The last bigger episode came June 5, when roughly 223,800 ETH left exchanges near what Santiment calls a local buying opportunity.… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion.
- About 169,770 ETH left centralized exchanges on net in one day, Santiment reported Oct.
- 23, the largest daily withdrawal in more than four months and worth about $407 million at the $2,400 reference price.
About 169,770 ETH left centralized exchanges on net in one day, Santiment reported Oct. 23, the largest daily withdrawal in more than four months and worth about $407 million at the $2,400 reference price. The last bigger episode came June 5, when roughly 223,800 ETH left exchanges near what Santiment calls a local buying opportunity.… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Read Complete Original Article
Published originally on CryptoSlate
Related News

Bitcoin Slips Below $81,000 After Wall Street Close: Is $80K the Next Liquidity Target? - Cryptonews.net
Bitcoin Slips Below $81,000 After Wall Street Close: Is $80K the Next Liquidity Target? Cryptonews.net

Bitcoin Margin Longs Reach 89,650 as Sentiment Shifts - Cryptonews.net
Bitcoin Margin Longs Reach 89,650 as Sentiment Shifts Cryptonews.net

Machi Big Brother Sells 3 Mutant Apes at 1 ETH Each, an 85% Loss in Ethereum (ETH) - Cryptonews.net
Machi Big Brother Sells 3 Mutant Apes at 1 ETH Each, an 85% Loss in Ethereum (ETH) Cryptonews.net

Ethereum Price Analysis: Is $2K in Play as Bearish Sentiment Builds?
Ethereum’s failed rebound has given way to renewed selling, leaving the price near $2.37K and below its broader ascending channel. With futures taker activity also shifting toward sell dominance, the bearish continuation scenario remains favored unless buyers reclaim nearby resistance. Ethereum Price Analysis: The Daily Chart On the daily timeframe, Ethereum has broken beneath the […]

