Ethereum Heads for Worst October Since 2018 as Early Whales Wake Up

Ethereum is on track for its worst October since 2018, with the price down 13.6% this month. US spot ETH ETFs have seen roughly $1.35 billion in outflows, and wallets dormant for years moved over $140 million in ETH. Traders should watch whether ETF redemptions and waking whales keep pressuring ETH, since both new and old money are stepping away at once.