Ethereum Flashes Same Signal That Triggered June’s Rebound
Ethereum saw a net 169,770 ETH leave exchanges in a single day, per Santiment, its largest outflow in over four months and a pattern that preceded June's rebound. Fewer coins on exchanges typically means less supply available for sellers. The bullish read is tempered by US spot Ethereum funds bleeding $1.18 billion in October, so demand-side flows remain weak.