Ethereum

خلاصہ: Wall Street Turns Ultra-Bullish on Ethereum as Institutional Demand Rises and Fee Reform AdvancesEthereum (ETH) is entering a phase that analysts say resembles the early stages of its strongest market cycles, driven by institutional accumulation, shrinking exchange supply, and new proposals aimed at stabilizing the network’s economics. Related Reading: ‘Something Big’ Is Coming For XRP, Says Toroso Investments Portfolio Manager As large investors deepen their presence and developers explore changes that could make transaction fees more predictable, sentiment on Wall Street has shifted sharply recently. For many, the combination of tightening supply and improving fundamentals has created conditions that could support a meaningful repricing. Exchange Supply Tightens as Institutions Accelerate Accumulation Ethereum held on centralized exchanges has fallen to its lowest level since the network launched in 2015. Glassnode data shows that balances dropped to 8.7% of the total supply last week, marking a 43% decline since July. The reduction is tied to staking, layer-2 migration, institutional custody, and long-term treasury allocations, destinations that rarely send tokens back to exchanges. BitMine Immersion Technologies, now the largest corporate holder of Ether, expanded its position by another $199 million over the weekend. The firm controls $11.3 billion in ETH, representing about 3.08% of supply, and continues buying toward its 5% target. ETFs have also contributed to the drawdown, with cumulative inflows now above $12 billion. Analysts note that nearly 40% of all ETH is locked in staking or institutional products, creating one of the tightest supply environments the asset has experienced. Technical analysts point to hidden signs of accumulation. Recent On-Balance Volume readings have broken above resistance, even as the price lingers near $3,050, a divergence that some interpret as indicating buying pressure. Fee Reform Pushes Forward as Vitalik Buterin Proposes Gas Futures Market Alongside market activity, a new economic proposal from Vitalik Buterin is drawing attention. The Ethereum co-founder outlined a system for onchain gas futures that would allow users to lock in transaction fees for future time periods. The mechanism resembles traditional futures markets and is designed to help traders and developers hedge against sudden increases in network demand. Buterin argues that clearer forward pricing could support businesses that rely on predictable costs, particularly as activity expands across staking, tokenization, and decentralized applications. Although still in its early stages, the idea is viewed as part of a broader effort to make Ethereum more stable as it scales. Analysts See Conditions Forming for a Larger Cycle Market commentators increasingly cite a combination of shrinking supply, rising institutional involvement, and improving network efficiency as reasons Ethereum may outperform in the next major cycle. Some compare current dynamics to Bitcoin eight years ago, noting that Ethereum’s evolving economic model and expanding role in tokenized finance give it a broader set of drivers than in previous cycles. Related Reading: Trump’s New Security Strategy Leaves Crypto And Blockchain Out Whether these developments immediately translate into price gains remains uncertain. But with exchange balances at record lows and institutions steadily accumulating, analysts agree that Ethereum is entering a structurally different phase, one defined less by speculation and more by sustained demand. Cover image from ChatGPT, ETHUSD chart from TradingviewSource InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum On Exchanges Crashes To Historic Low Amid Market Volatility, A Bullish Signal For Price?Ethereum saw a bounce back above the $3,000 price market , with bullish sentiment gaining momentum among investors, especially those on centralized exchanges. Even with the market experiencing sideways movements, the overall supply of ETH on crypto exchanges has fallen sharply, hitting unprecedented levels. Lowest Supply Of Ethereum On Exchanges Recent signals from on-chain metrics indicate that the Ethereum market environment is undergoing a quiet yet significant transformation. This unfolding trend is due to the sharp drop in the supply of ETH available on cryptocurrency exchanges. Related Reading: Ethereum Network Fatigue? Monthly On-Chain Transactions Drops As Activity Slows Down As reported by Coin Bureau on the social media platform X, ETH supply on centralized exchanges has hit levels not seen in years. With more holders choosing long-term storage, staking, and self-custody over keeping their assets available for trade, this significant supply drain indicates a change in investor behavior. Data from the ETH Percent Balance on Exchanges metric shows a total of 8.7% of Ethereum supply available on exchanges, marking the lowest level since ETH’s launch in 2015. As exchange reserves decrease, the structural pressure on ETH’s circulating supply is increasing, which could create a scenario for a more explosive price environment. Coin Bureau stated that several crypto analysts are currently warning that tightening liquidity might trigger a robust rally when demand recovers. Mid-Size Whale Holders Are Still Existing In The Market Despite a sharp withdrawal of ETH from exchanges, selling pressure still remains in the market as indicated by the Ethereum Accumulation Heatmap. After examining the metric, Alphractal, an advanced investment and on-chain data analytics platform, uncovered that wallet addresses holding 1,000 ETH to 10,000 ETH, or mid-size whales, are offloading their holdings, signaling weakening sentiment among the group due to ongoing market fluctuations. According to the metric, these investors carried out heavy distribution just near the price top. The cohort was the one who took advantage of the euphoria to secure profits while others were celebrating at the all-time high. What’s interesting is that these investors are still selling, mounting heavy bearish pressure on the market, which is likely fueling the current bearish wave. Meanwhile, wallet addresses holding at least 10,000 ETH or mega whale holders continue to be considerably more neutral, with relatively light distribution, demonstrating no panic, no aggressive buying, at least not yet. Such a trend suggests that supply behavior is not completely aligned with the euphoria of retail investors. These accumulation and distribution patterns are vital to gauge those who are actually driving ETH’s price moves. It also determines those who are quietly heading for the exit, while others are still entering. At the time of writing, the price of ETH was trading at $3,135, demonstrating a more than 3% rise in the last 24 hours. Bullish sentiment seems to be returning strongly, as evidenced by an over 142% increase in trading volume over the past day.Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Falls 10% in Sudden Sell-Off, Is a Bigger Breakdown Coming?Ethereum (ETH) has plunged sharply in the past 24 hours, falling more than 10% and slipping below the crucial $3,000 mark for the first time in months. The drop mirrors the wider sell-off hammering global risk assets, from unprofitable tech stocks to high-flying AI companies, where investors are increasingly uneasy about aggressive spending and stretched valuations. According to market data, Ethereum tumbled as much as 5.5% earlier in the session, driven primarily by a wave of fear-driven liquidation flows. ETH currently trades around $2,701, marking a steep weekly decline of over 15% and placing the asset more than 45% below its August all-time high. Leverage Wipeout: $150M in Liquidations Accelerate the Fall What separates Ethereum’s slide from the rest of the market is the sheer amount of leverage being unwound. Nearly $150 million in long liquidations were recorded within 24 hours, a massive spike that forced bullish positions to close automatically as prices dropped. Thinning market depth, increased volatility, and aggressive price swings. Analysts note that leveraged perpetual futures, widely used for both hedging and speculation, are a double-edged sword. When sentiment flips, liquidations compound downward pressure, pushing prices even lower. Technically, Ethereum is now trading inside a descending wedge, with the lower boundary near $2,930 repeatedly tested. While this structure often precedes bullish breakouts, the window for sideways consolidation is narrowing fast. Key resistance levels at $3,000 and $3,200 must be reclaimed before buyers gain momentum. Whale Behavior and On-Chain Metrics Signal More Weakness Adding to the worries, Ethereum whales have slowed accumulation. Large addresses holding between 1 million and 10 million ETH, previously net buyers, have paused their purchases, suggesting fading confidence in a near-term recovery. On-chain metrics reinforce the bearish undertone. The MVRV Long/Short Difference has dropped to a four-month low, indicating that long-term holders are losing profitability. If they begin offloading to protect remaining gains, Ethereum’s decline could deepen further. For now, ETH faces critical downside levels at $2,650 and $2,606. A rebound back above $3,000 would be the first sign of strength, but without renewed whale support and an easing of liquidation pressures, the market may remain fragile. As liquidity resets and volatility spikes, traders are watching closely, because this move may only be the beginning. Cover image from ChatGPT, ETHUSD chart from TradingviewSource InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Co-Founder Highlights Threats From BlackRock’s Institutional InfluenceAt the Devconnect conference in Buenos Aires, Ethereum (ETH) co-founder Vitalik Buterin raised concerns about the increasing dominance of institutional giants like BlackRock over cryptocurrencies, particularly Bitcoin (BTC) and ETH. He emphasized that this growing influence could potentially lead to significant challenges for the decentralized nature of these networks. Risks To Ethereum’s Decentralization Buterin was prompted to address this issue during a discussion on the implications of institutional interest, especially following BlackRock’s launch of Bitcoin and Ethereum exchange-traded funds (ETFs) in early 2024.  He questioned how the cryptocurrency community could safeguard against being “captured” by large entities such as BlackRock, highlighting a pressing concern about the future of decentralization in the space. Buterin also expressed apprehension that if institutional players continue to expand their Ethereum holdings, those who prioritize decentralization might find themselves marginalized.  This situation could result in fundamental changes to the Ethereum network, optimizing it for institutional needs and making it increasingly difficult for everyday users to operate nodes.  Buterin warned, “It easily drives other people away,” further stating the necessity of concentrating on attributes that would typically be scarce, such as creating a global, permissionless, and censorship-resistant protocol. This week, BlackRock made headlines by registering a staked Ethereum fund in Delaware, indicating its intention to enter the staked Ethereum ETF market. Their flagship Ethereum ETF currently manages approximately $10 billion worth of ETH tokens.  Quantum Risks Ahead Of 2030 In addition to the concerns surrounding institutional involvement, the specter of quantum computing looms large over the future of cryptocurrencies like Bitcoin and Ethereum.  Recently, Google announced a breakthrough in quantum computing capabilities, following similar advancements at Microsoft, which unveiled a new quantum-enabling chip earlier this year.  Quantum researcher Scott Aaronson noted the alarming potential for quantum computers to execute Shor’s algorithm, which could compromise the encryption standards securing Bitcoin and Ethereum.  He suggested that the current pace of hardware innovation might lead to the development of a fault-tolerant quantum computer before the next US presidential election, escalating the urgency around potential vulnerabilities in blockchain technology. “We don’t need to panic, but we need to get serious,” asserted Alex Pruden, CEO of quantum computing risk company Project 11. He cautioned that sufficiently advanced quantum computers could break cryptocurrencies at their most fundamental level. As the discussion shifts toward the need for proactive measures, Bitcoin developers have also been urged to prepare for a post-quantum future, which some experts predict could materialize as early as 2030.  Théau Peronnin, CEO of Alice & Bob, advised during the Web Summit conference in Lisbon that developers should consider transitioning to a stronger blockchain by 2030 to safeguard against potential quantum threats.  “You should have a few good years ahead of you, but I wouldn’t hold my Bitcoin,” he warned, emphasizing the importance of addressing these challenges head-on. Featured image from DALL-E, chart from TradingView.com Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Pivots To Privacy: Buterin Unleashes Kohaku At ECC2At Ethereum Cypherpunk Congress 2 on November 16, 2025, Vitalik Buterin used his keynote “Kohaku: Wallet Privacy On Ethereum” to deliver a sharp verdict on the state of Ethereum privacy: the cryptography works, but the user experience is failing. He began by reminding the audience that Ethereum has spent a decade investing in privacy and security infrastructure. He pointed to the elliptic-curve precompiles added in 2018—“EC-add, EC-mul, EC-pairing”—as the foundation for protocols such as Tornado Cash and Railgun, and cited the Privacy & Scaling Explorations team’s work on zkSNARK protocols, developer tooling and application-layer experiments. On the security side, he called the 2016 DAO hack an event that “really catalyzed the ecosystem,” leading to stronger auditing, teams like SEAL, safer Solidity and Vyper, and multisig wallets that were “mostly a dream back in 2015” but are “very mainstream today.” Vitalik Pushes Ethereum Toward True Wallet Privacy Despite that progress, Buterin argued that everyday users still struggle to access meaningful privacy and safety. “On real-world privacy and security delivered to users, we’re still behind where we could be,” he said. “And that is the thing that could change, and that is the thing that this year can change.” Technically, he insisted, the core privacy stack is mature. “The base layer technology, it’s all great. You can generate a proof within less than one second on a laptop, two seconds on a phone. It’s easy to develop. It’s very well understood. There’s a lot of well-tested circuits.” The breakdown happens at the wallet layer. “Using a privacy protocol requires a separate seed phrase. There’s no multi-sig option. So, if you have your coins in a private pool, your coins have to be controlled by one single key,” he explained. Users generally must open a separate privacy wallet, and “it takes like five clicks to do a private send and withdraw.” Even the infrastructure for broadcasting transactions is fragile. “Last week, I had to fight against public broadcasters. It took about ten tries until eventually I figured out that it works after you turn on a VPN.” “We’re in this very last mile stage,” he concluded. “It’s exactly at that last mile stage where we need to put a lot of really concerted effort into doing better.” Buterin framed Kohaku within a broader defense of privacy that he developed in an April essay. On stage he summarized it in three lines: “Privacy is freedom… Privacy is order… And privacy is progress.” Privacy, he said, “gives us space to live our lives in the ways that meet our needs,” underpins basic social mechanisms that assume not everyone sees everything, and is essential for using data in fields like medicine and science without creating “a dystopian nightmare.” With modern cryptography, “it can be designed to be privacy first.” For users, “privacy is not an abstraction. It is a concrete benefit to users. We can show that we have now.” Security, in his view, is similarly dominated by tail risk. Referencing a meme, he contrasted DeFi yields with catastrophic loss. Put assets into DeFi and “you get some APY.” Do nothing and “you get 0% APY.” But if you lose your private keys, your APY is “minus 100.” The same applies “if Lazarus discovers your private keys” or “if the wrong people discover how much money you have, who you donate to, and where you live.” Buterin argued that Ethereum’s privacy conversation has focused too narrowly on “what can you ZK-proof on-chain.” He expanded the scope to UX (making it easy to keep wallet identities separate), privacy of reads (via better RPCs, “E3T, E+ORAM,” or “the really cryptographically pure approach, PIR”), network-level privacy through mixnets, and non-financial operations that also need protection. On security, he called for “risk-based access control”: “You should have to press more buttons and get more authorization to move $100,000 than to move $10.” He emphasized account recovery, UI-level security, and “on-chain version control… of software dependencies and of UIs,” arguing “we should have a world where UIs live on-chain” so attackers cannot silently swap front-ends by hacking a server. Today during @web3privacy, maestro @VitalikButerin highlighted #Kohaku, a new Ethereum framework focused on bringing real privacy to wallets. $eth All 8mins here: pic.twitter.com/W9qeUZcipR — Tommy B. (@realtommybibi) November 16, 2025 Summing up Ethereum in 2025, Buterin said it has “strong security and privacy research,” “strong security on the L1,” and privacy tooling that has “improved by miles” since “the very first version of Zcash” where “it took two minutes to sign a transaction.” What remains, he insisted, is to “level up the last mile,” especially “the application and wallet layer, the parts of this whole problem that are closest to the user.” Kohaku was announced on October 9 by the Ethereum Foundation via X: “The Ethereum Foundation is proud to build Kohaku, a set of primitives that enables wallets to be secure and to process private transactions while minimizing dependencies on trusted third parties. Privacy is normal. Privacy is for everyone.” At press time, ETH traded at $3,194. Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum’s Price Underperformance Contrasts With Explosive Growth In ETH’s Real Activity – See HowEthereum’s price continues to witness heightened volatility due to the bearish conditions of the broader cryptocurrency market, causing the altcoin’s value to drop to the $3,000 mark, a level not seen in months. While ETH’s price has fallen sharply, the network’s real economy has displayed significant growth faster than ETH’s market value. ETH Market Slow, But Real Economy Is Expanding The growth of Ethereum’s on-chain economy is significantly faster than the movement of its native asset price. Overall, the Ethereum network has quietly entered a phase of significant real-world growth, as evidenced by soaring transaction revenues, surging stablecoin settlement volumes, and an accelerating ecosystem of decentralized apps. This growing disparity between price and real economy was shared by Milk Road, a market expert on the social media platform X (formerly Twitter). According to the market expert, the real economy of the underlying network has experienced a 3x growth faster than the price of ETH. Data shared by Milk Road shows that the supply of stablecoins available on the Ethereum blockchain is up by 65.5x. Such a substantial growth implies that money only moves where activity is taking place, which is the clearest signal of actual demand in the broader crypto sector. Meanwhile, Milk Road highlighted that ETH’s fully diluted market cap has increased by 21.6x over the same period. The discrepancy between Ethereum’s core economic activity and its market value raises the possibility that investors are underestimating the network’s actual strength, which might lead to a realignment. What this means is that the blockchain’s economic engine scaled far beyond its valuation for nearly 5 years. However, the expert noted that the difference between the supply of stablecoins and the completely diluted market cap won’t remain this large indefinitely if price ultimately catches up to activity, as it always does. Fundamentals Remain Strong Amid Ethereum’s Weak Sentiment Ethereum is still showcasing on-chain strength, hitting new milestones even in the ongoing market volatility. Leon Waidmann, the head of research at On-chain Foundation, disclosed that while prices are down, the blockchain-powered dollar economy recently reached a new all-time high. For the first time ever, the overall value of all stablecoins that are secured on-chain pushed past $300 billion. Meanwhile, ETH layer 1 singlehandedly accumulates over $170 billion of the total supply, reflecting its growing adoption and rising dominance. Overall, sentiment around ETH, particularly towards its price action, may be weak, but its fundamentals remain robust. In another X post, Waidmann stated that crypto players continue to declare that ETH is dead, while the blockchain keeps acting in the opposite direction. The network’s block space usage has been climbing nearly nonstop for the past 10 years.  Presently, the blockspace consumption has hit a new all-time high in 2025. According to Waidmann, this is beyond mere hype; it is driven by real economic activity settling on a global trust layer like Ethereum, as evidenced by the continuous growth of its fundamentals. Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Here’s Why Ethereum Fusaka Upgrade Might Trigger The Next Explosive Leg Up For ETHIn the past few weeks, Ethereum has been experiencing sideways movements, causing its price to fall below the $3,500 mark. However, with several key updates incoming, such as the Fusaka Upgrade, ETH may attract the necessary attention and adoption that will pave the way for a major rally to pivotal levels. Fusaka Upgrade The Tipping Point For Ethereum As the broader crypto sector evolves, Ethereum is set to roll out one of its most crucial updates: The Fusaka Upgrade, which will bolster the leading network. Set to launch in December, the Fusaka update, which is intended to increase scalability, boost staking effectiveness, and reduce transaction costs, signifies another significant phase in Ethereum’s long-term plan for improved performance and decentralization. While the impending update is pivotal, Ash Crypto, a market analyst and investor, claims it’s emerging as a potential trigger for the next major breakout in ETH’s price. “No one is talking about this, but the ETH fusaka upgrade on December 3 could be the next leg up catalyst,” the expert stated. Ash Crypto’s bold statement is fueled by the several enhancements that the upgrade is poised to make to the Ethereum network and its ecosystem. He suggests that Fusaka’s entry into the market would reignite bullish momentum across ETH’s ecosystem that will extend to its price dynamics.  According to Ash Crypto, ETH is entering its “Performance Era” as participants anticipate the key upgrade. When the update eventually goes live, it will enable more Transactions Per Second (TPS), lower fees, higher throughput, support for additional users, and accommodate high demand.  With the launch date drawing closer, ETH whales are seen buying billions worth of ETH, which may imply a strategic positioning by high-net-worth investors ahead of major price spikes. Ash Crypto has predicted a possible price rally that is comparable to the one observed in the 2021 cycle. In the 2021 cycle, ETH experienced a massive leg-up, taking its price from $80 to the $4,800 level. Since current market trends are mirroring 2021’s, the expert is confident that ETH could easily move up to the $7,000-$8,000 zone, especially if it surpasses and holds above $5,000. Impending Breakout From Multi-Year Formation After examining Ethereum’s chart, StockTrader Max, a crypto analyst on X, reveals that ETH is about to break out from a multi-year consolidation. Specifically, ETH has been in this consolidation phase for over 5 years. However, recent price action indicates that the altcoin looks primed to enter price discovery, triggering a rally to new all-time highs. As indicated on the chart, StockTrader Max expects ETH to skyrocket to the $8,000 price mark and beyond. While the price has fallen below the $3,500 level, the Ethereum Fear and Greed Index has moved into Fear territory. This suggests that ETH’s market sentiment is heavily shifting toward a more cautious state, as it is caught between short-term pressure and long-term optimism. Presently, speculations are whether the fear is a warning sign or the quiet before the altcoins’ next significant action. Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum’s Fusaka Upgrade Is Just Around The Corner—What To ExpectThe Ethereum (ETH) blockchain is poised for one of its most significant upgrades yet, the Fusaka Upgrade, set to take place on December 3. This enhancement aims to tackle one of the network’s most pressing challenges: scalability.  Promises Of The Upcoming Fusaka Upgrade According to a recent analysis by The Bull Theory experts on social media platform X (formerly Twitter), Fusaka is designed to fundamentally improve Ethereum’s performance. A key feature of the Fusaka Upgrade is its substantial boost to the network’s capacity, raising the block limit from 45 million to 150 million gas. This increase is complemented by the introduction of two systems: PeerDAS and Verkle Trees, which collectively transform data management on the blockchain.  PeerDAS enables Ethereum to process Layer-2 transactions more swiftly and affordably, while Verkle Trees lighten the storage requirements, making blockchain verification much more efficient. The implications for users are significant. Layer-2 solutions such as Arbitrum (ARB), Coinbase’s Base, and Optimism (OP) rely heavily on Ethereum for transaction settlements. The current protocol necessitates that every Ethereum node downloads extensive data sets to confirm transactions.  However, the Fusaka Upgrade mitigates this issue. With PeerDAS, nodes will only need to verify samples rather than complete data chunks, which could dramatically lower costs and accelerate transaction times.  This efficiency means that rollups will become less expensive, enhancing the overall experience for users in decentralized finance (DeFi) and non-fungible tokens (NFTs). From an economic perspective, cheaper rollups are expected to stimulate activity across Layer-2 networks, leading to an influx of users and applications. Consequently, this surge could result in increased fees being burned, thereby elevating ETH’s demand.  Could Ethereum Reach New Price Records? For analysts at The Bull Theory, the Fusaka Upgrade not only strengthens ETH’s role as the primary settlement platform across the crypto economy, encompassing everything from DeFi to tokenized assets, but it also reinforces its position in the broader market landscape. Fusaka follows a series of important milestones for the Ethereum network that have reshaped its fundamentals. The Merge in 2022 made the network more energy-efficient, while the Shanghai/Shapella update in 2023 introduced the capability for staked ETH withdrawals.  The Dencun upgrade in 2024 incorporated proto-danksharding and blobs, and Pectra, which took place in 2025, brought about validator flexibility and Layer-2 interoperability. Previous upgrades, including the Pectra Upgrade, have demonstrated the market’s responsiveness to enhancements in network efficiency—triggering a remarkable 50% rally for ETH earlier this year. While ETH is trading just above $3,500, a similar response and level of demand to the next upgrade could push ETH to a new high of $5,250. This is supported by analysts’ forecasts of a bullish fourth quarter for the broader digital asset market.  Featured image from DALL-E, chart from TradingView.com Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Bitmine Keeps Accumulating Ethereum Despite $1.8 Billion In Unrealized Losses – DetailsEthereum (ETH) is trading at a crucial juncture after reclaiming the $3,450 level, showing early signs of stabilization following weeks of volatility. While bulls are slowly regaining ground, upward momentum remains fragile as traders await confirmation of a sustained breakout. The recent bounce has sparked renewed optimism, but Ethereum still faces significant resistance around the $3,600–$3,700 range — a zone that must be reclaimed to confirm a broader trend reversal. According to CryptoQuant, institutional sentiment remains mixed. The analytics firm reports that Bitmine, one of the major Ethereum market participants, is currently $1.8 billion underwater on its ETH holdings. Despite these unrealized losses, the firm continues to accumulate, suggesting that large players maintain long-term confidence in Ethereum’s trajectory. The coming days could prove decisive for the crypto market as the US government reopens, restoring the flow of critical macroeconomic data. This shift could influence investor sentiment and liquidity conditions across digital assets. For Ethereum, maintaining support above $3,400 while reclaiming higher levels will be essential to sustain bullish momentum. A favorable macro backdrop and persistent whale accumulation could set the stage for ETH’s next major move. Bitmine Keeps Accumulating Ethereum Despite Heavy Unrealized Losses Top analyst Maartunn shared a chart showing Bitmine’s Ethereum balance change, revealing a surprising trend amid market uncertainty. Despite being $1.8 billion underwater on their holdings, Bitmine continues to accumulate aggressively — adding more than 70,000 ETH since the start of November. This steady accumulation, even during a corrective phase, signals long-term conviction in Ethereum’s fundamentals and future growth potential. Bitmine’s behavior stands in contrast to broader market sentiment, which remains cautious as traders navigate volatility and shifting macroeconomic signals. Many investors have reduced exposure following the recent US government shutdown and delays in key regulatory decisions, creating short-term hesitation across the crypto space. Yet, institutional players like Bitmine appear to be using this environment as an opportunity to build positions at discounted prices. Historically, such accumulation during periods of uncertainty often precedes significant rebounds once confidence returns. If macro conditions stabilize and risk appetite improves, Ethereum could benefit from the underlying strength being quietly built by large holders. While short-term volatility remains likely, the ongoing accumulation from entities like Bitmine suggests that the market’s foundation is strengthening — hinting at a potential recovery phase in the weeks ahead. ETH Tests Long-Term Support as Bulls Defend $3,400 Zone Ethereum’s weekly chart shows the asset holding above a critical support zone near $3,400, a level that coincides with the 50-week moving average (blue line). After several weeks of consistent selling pressure, ETH appears to be stabilizing, signaling that buyers may be stepping in to defend this key range. The broader structure suggests that Ethereum remains within a long-term uptrend, with the 100-week (green) and 200-week (red) moving averages continuing to slope upward — a sign that the market’s macro direction is still intact despite recent volatility. The latest pullback, which follows a rejection near $4,400, resembles previous mid-cycle corrections where the price retraced to key moving averages before resuming its upward trend. For now, the $3,400–$3,300 area acts as a major support zone, while $3,700–$3,900 stands as the next resistance to watch. A weekly close above that range could confirm renewed bullish momentum and open the path toward $4,200–$4,500. Conversely, a breakdown below $3,300 may trigger a deeper correction toward $2,900. Featured image from ChatGPT, chart from TradingView.comSource InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Supply on Binance Hits Lowest Level Since May – Long-Term Accumulation?Ethereum has regained the $3,500 level after a volatile week marked by heavy selling pressure and uncertainty across the crypto market. Bulls, who briefly lost control as ETH dipped below key support levels, are showing renewed strength as liquidity surges and sentiment begins to shift. According to a recent CryptoQuant report, data from Binance — the world’s largest Ethereum trading platform by volume — reveals a notable on-chain trend that could signal deeper structural strength. The ETH supply on Binance has been in steady decline since mid-year, following a peak between June and July. By November, it had dropped to its lowest level since last May, now sitting around the 0.0327 level. This consistent decrease in available ETH on exchanges typically reflects a migration of coins into cold storage or private wallets, suggesting that investors are opting to hold rather than sell. Historically, this behavior has been viewed as bullish in the medium to long term, as it reduces the amount of Ethereum available for immediate sale and relieves market pressure. Ethereum Exchange Supply Decline Signals Market Accumulation Phase In the CryptoQuant report, analyst Arab Chain highlights a notable divergence between Ethereum’s price action and exchange supply dynamics. The price of Ethereum (black line) climbed to consecutive highs near $4,500–$5,000 in August and September 2025 before retracing to around $3,500 today. Interestingly, this decline coincided with a sharp drop in exchange-held ETH supply, suggesting that many traders withdrew their coins after securing profits — likely moving them into cold storage in anticipation of longer-term accumulation. If this trend of declining Ethereum supply on Binance persists, market liquidity for ETH sales could tighten further. Such a contraction in sell-side supply often supports price stabilization, as reduced availability of tokens on exchanges lessens immediate selling pressure. In favorable macro or on-chain conditions, this setup could even help catalyze a renewed upward phase, especially if risk appetite among institutional and retail investors strengthens. However, Arab Chain cautions that continued weak demand or reduced network activity might limit any near-term upside, keeping prices in a sideways range. Despite short-term uncertainty, the broader on-chain picture reflects a transitional accumulation phase, where long-term holders dominate flows. This ongoing migration of ETH off exchanges — paired with increasing self-custody behavior — underlines growing investor conviction. If fundamental catalysts such as network upgrades, ETF approvals, or renewed DeFi activity align, Ethereum could be setting the stage for the next bullish leg of the cycle. ETH Price Analysis: Reclaiming Key Support Levels Ethereum is showing early signs of stabilization after reclaiming the $3,500 level, marking a modest but significant recovery from the recent capitulation phase that drove prices near $3,200. As seen in the daily chart, ETH has found temporary support at the 200-day moving average (red line), a historically reliable level that often defines the boundary between bullish and bearish cycles. The price is now testing resistance near the $3,600–$3,700 zone, where both the 50-day (blue) and 100-day (green) moving averages converge. A breakout above this area could confirm renewed bullish momentum, potentially setting the stage for a move toward $3,900–$4,000, aligning with previous range highs. However, the overall structure still reflects caution. The failure to hold above $4,000 earlier this month underscores the ongoing battle between buyers attempting to regain control and sellers taking profits amid market uncertainty. Trading volume remains subdued compared to the August–September rally, suggesting that conviction among market participants is still rebuilding. Featured image from ChatGPT, chart from TradingView.comSource InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Big Wallets Are Back: Whales Are Quietly Accumulating ETH – A Rally On The Way?While Ethereum has moved back above the $3,500 price mark, renewed buying pressure is being observed around the leading digital asset. Both small and big investors or traders are starting to purchase the altcoin at a rapid rate, pointing to a strategic positioning of the investors. Top-Tier Investors Are Steadily Buying ETH Following the recent rebound in the price of Ethereum, several investors are exhibiting newfound interest in the leading altcoin. The report from Prime on X reveals that this fresh buying pressure is particularly evident among top-tier players, also recognized as whale investors in the crypto landscape. According to data from the Ethereum Spot Average Order Size, ETH’s whale investors are quietly returning to the gradually bullish crypto market. This indicates a clear shift in whale action, with big wallet addresses accumulating ETH once again after multiple weeks of outflows and fear. The renewed interest from deep-pocketed investors coincides with ETH’s gradual recovery from recent pullback, indicating that whales view present levels as an appealing long-term entry point rather than a sign of weakness. While accumulation among large investors surges, it suggests that smart money might be prepping up for ETH’s next major breakout. It is worth noting that this buying pressure from big players is spotted at the $3,200 price level. Prime stated that whales are taking advantage of the drop in Ethereum’s price, as they purchase the altcoin at low prices.  A continuation of this whale acquisition is likely to spur the anticipated rally. In the meantime, the next possible objective for ETH is between the $4,500 and $4,800 range if the $3,000 – $3,400 support zone holds strong. Corporations Are Still Betting On ETH This robust accumulation by large players is evident in the persistent purchase of the asset by institutional firms such as Bitmine Immersion. Institutional adoption and interest appear to be growing in tandem with the brief surge in ETH’s price. Ash Crypto, a market analyst and investor, has reported a fresh massive Ethereum acquisition linked to the leading treasury asset company. Data shared by the market analyst reveals that the company bought over 23,521 ETH, valued at approximately $82.8 million, as the new week began. “Tom Lee wants all your Ethereum,” As Crypto added. In another X post, Ash Crypto highlighted that Bitmine Immersion acquired ETH worth over $400 million in the past week. Such heavy and persistent buying action underscores the firm’s unwavering conviction in the altcoin’s long-term prospects. Bitmine’s ongoing accumulation stands out amid this period of conflicting market sentiment, indicating that the company believes that the next growth phase for ETH may be far from over. Amid the buying pressure, the latest readings from the Ethereum Fear and Greed Index show that the market is slipping firmly into Fear levels. A move into the fear zone signals increasing anxiety due to the current volatile state of the broader cryptocurrency market. Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Derivatives Heating Up: Open Interest Registers 10% SpikeData shows the Ethereum Open Interest has gone up by nearly $2 billion during the past day, a sign of leveraged bets being opened. Ethereum Open Interest Has Observed A Strong Rise As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Open Interest has just shot up for Ethereum. This indicator keeps track of the total amount of derivatives positions related to ETH that are currently open on all centralized exchanges. When the value of the metric rises, it means the investors are opening new positions on the market. Generally, the overall leverage in the sector rises alongside new positions, so the asset could witness more volatility following such a trend. On the other hand, the indicator going down implies the number of positions is decreasing, whether as a result of willful closure or forceful liquidations. This kind of deleveraging can lead to a more stable ETH price. Now, here is the chart shared by Maartunn that shows the trend in the Ethereum Open Interest over the last few weeks: As displayed in the above graph, the Ethereum Open Interest has witnessed a rise of almost $2 billion during the past day, reflecting an increase of more than 10%. This growth in market speculation has come alongside the recovery surge that ETH has gone through over the last 24 hours. Sharp price action, like a rally, tends to attract attention to the asset, so the Open Interest usually rises alongside it. While this trend can be normal, a particularly sharp jump in the indicator can be something to watch for. In the chart, the analyst has highlighted the instances where the derivatives market faced a similar level of overheating as now. It would appear that the last three instances all coincided with some sort of top for Ethereum. “Historically, 75% of these moves mean revert,” noted Maartunn. It now remains to be seen whether similar volatility will also follow this time. In some other news, the Ethereum spot exchange-traded funds (ETFs) saw net outflows during the past week, as data from SoSoValue shows. In total, ETH spot ETFs in the US saw nearly $508 million in outflows. This is the third-largest weekly negative netflow that the funds have witnessed in their history so far. As spot ETFs provide a regulated off-chain route into cryptocurrencies, they can be a popular mode of investment among traditional institutional entities. Considering this, the outflows can imply the presence of a negative sentiment among these large investors. Despite the bearish mood, however, Ethereum has managed to rebound to start the new week. ETH Price Ethereum has made its way back above $3,600 with its rally of 4% in the past day. Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Accumulation Back On As Bitmine Resumes Strategic ETH AcquisitionsEthereum’s price may be experiencing a pullback due to the robust volatility in the crypto market, but bullish sentiment is starting to return on the institutional level. In a bold and bullish move, Bitmine Immersion has made another strategic ETH purchase, scooping up the altcoin on a large scale amid the ongoing volatile period. Bitmine Immersion Is Buying Ethereum Again After a brief period of quiet, Bitmine Immersion, a leading Ethereum treasury company, is back on the offensive. The treasury company has resumed its accumulation of ETH, a move that underscores the firm’s renewed conviction in the altcoin and its price prospects in the long term. A crypto investor and tech enthusiast known as BMNR Bullz on X reported a fresh wave of large ETH purchases channeled into Bitmine’s reserves, triggering hopes of a market recovery. Bitmine’s recent acquisition aligns with the company’s ongoing strategy to bolster its treasury and stake holdings. According to the report, the company has doubled down on ETH by acquiring over 40,718 ETH on Thursday. At current price levels, this ETH purchase is valued at a massive $137 million. This continuous accumulation stands out during a period of conflicting market sentiment, making it evident that the company believes Ethereum’s next growth phase is far from over. Furthermore, this buy implies that smart money is now choosing to accumulate rather than sell. Despite the ongoing decline in the price of ETH, these investors are scooping up more ETH while everyone else hesitates. “When institutions buy dips, you know what comes next,” BMNR Bullz.  Corporations Accumulate, ETH’s Ready For A Rally As Bitmine Immersion consistently purchases Ethereum, the firm’s Co-Chief Executive Officer (Co-CEO), Tom Lee, has outlined a bullish outlook for ETH’s price, predicting an impending surge to unprecedented levels. Lee shared his bold prediction in an interview on The Pomp Podcast. In the interview, Lee highlighted Ethereum’s growing dominance in the financial sector, which is likely to drive the anticipated rally. The CEO stated that Wall Street is currently building and tokenizing products on the ETH blockchain. “Wall Street is not going to be building on the Bitcoin blockchain because they need a smart contract platform such as Ethereum,” he added. Given that Wall Street is starting to adopt ETH at a rapid rate, the CEO declares that the altcoin is now in a super cycle. Meanwhile, Lee has forecasted that the price of ETH might rise to the $21,000 mark in the near term. Wall Street’s growing adoption indicates that Ethereum’s fundamentals remain strong. According to crypto analyst Crypto-Gucci.eth, ETH is at an all-time high in fundamentals, including usage, utility, and institutional demand.  Presently, Crypto-Gucci.eth noted that the largest organizations in the world are discreetly reconstructing the global financial system on Ethereum rails while everyone freaks out over red candles. Thus, the market expert has urged investors to look beyond the noise, stating that the future is already here and it’s being built on Ethereum. Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Ethereum Buyers Have Re-Entered The Arena Below $3,400, Here’s How Much They’ve BoughtEthereum’s price has fallen below $3,400 for the first time since August, but large investors appear to have turned this correction into a buying opportunity. Data shows that whales have been accumulating vast amounts of ETH within a short window.  The accumulation coincides with Ethereum recording a new network throughput milestone, which adds further strength to the argument that the cryptocurrency is still solid even during the price weakness. Whales Scoop Up $1.12 Billion Worth Of ETH In 48 Hours Data from the on-chain analytics platform Lookonchain shows that some Ethereum whale addresses have accumulated a combined 323,523 ETH, valued at approximately $1.12 billion, within the past 48-hour period.  One of the biggest purchases came from a whale who bought 257,543 ETH, worth about $896 million, at an average price of $3,480 per ETH. Another cluster of addresses, referred to as the “seven siblings” by Lookonchain, collectively added 37,971 ETH worth $133 million at an average price of $3,515. The data also revealed participation from a whale known for swing trading Ethereum through over-the-counter deals, who acquired 14,004 ETH for about $45.5 million. This address bought these ETH at an average price of $3,247, which was exactly around the recent price low.  Two newly created wallets also bought 10,000 ETH and 4,005 ETH, respectively, totaling more than $47 million combined. In total, whales accumulated 323,523 ETH at an average price of $3,469, showing how most of them are capitalizing on the price break below $3,400. Price Weakness Might Be Setting Stage For Breakout Although Ethereum’s drop might have unsettled some traders, the whale accumulation might be pointing to optimistic days ahead. The large-scale accumulation below $3,400 has contributed to the successful defense of $3,200. This follows the trend of accumulation leading to maintenance of support levels.  If ETH maintains stability above $3,200 support and on-chain activity continues to climb, then the price could rebound above $4,000 before the end of the month. The first step, however, in this is for Ethereum to reclaim $3,800 and register a strong weekly close above the level. Interestingly, Ethereum’s network performance has maintained its level of robustness despite the market’s correction. The blockchain ecosystem recently achieved a new record throughput of 24,192 transactions per second (TPS), setting a new benchmark for activity across the network. Source InformationPublisher: Bitcoinist.comOriginal Source: Read more

خلاصہ: Tom Lee’s $1.3B Ethereum Bet Under Pressure as ETH Extends Decline and Whales Exit PositionsThe Ethereum price latest market slump has placed Wall Street veteran Tom Lee’s ambitious $1.3 billion in ETH treasury bet under severe pressure, as whales and institutional funds begin to retreat from the world’s second-largest crypto asset. Related Reading: Here’s Why The Bitcoin Price Is Crashing – The OGs Are Selling Ethereum’s Price Drop and Bitmine’s Mounting Losses Ethereum has fallen over 20% in two days, sliding below $3,300 and erasing more than $1 billion in leveraged positions. The correction has pushed ETH down about 30% from its August peak, marking its weakest level since mid-July. According to 10x Research, Lee’s company, Bitmine Immersion Technologies Inc., which acquired 3.4 million ETH at an average price of $3,909, now faces paper losses exceeding $1.3 billion. Backed by billionaire Peter Thiel, Bitmine adopted a Bitcoin-style corporate treasury model, but its funds are now “fully invested and under strain,” leaving little room for defensive moves. Bitmine’s market capitalization-to-NAV ratio has plunged from 5.6 in July to 1.2, while its stock has tumbled 70% from its peak, reflecting a sharp reassessment of crypto-treasury valuations. Another Ethereum-holding firm, ETHZilla, has already liquidated $40 million worth of ETH to restore its balance sheet, signaling growing corporate capitulation across the sector. Whales Retreat as Liquidations Rise On-chain data from Arkham Intelligence indicates that a large Ethereum whale recently offloaded 5,570 ETH ($19.56 million) to Binance, resulting in a loss of $2.15 million. This move amplified selling pressure amid weak liquidity. ETH’s market cap has now dropped to around $400 billion, with the token down 17% weekly. Technical indicators paint a cautious picture. ETH has fallen below its 50-day moving average ($4,094), with the RSI near 31, suggesting near-oversold conditions but no confirmed reversal. Analysts warn that failure to hold the $3,300 support could trigger a deeper correction toward $3,000–$2,700 zones. Institutional Demand Fades, but Fundamentals Remain Intact After attracting over $9 billion in ETF inflows during the summer rally, Ethereum products have since seen $850 million in outflows, while futures open interest has dropped by $16 billion. Retail enthusiasm has also waned, with Google search interest for Ethereum now just 13% of its yearly peak. Despite the downturn, Ethereum’s network fundamentals remain strong. It continues to process the highest on-chain value among smart contract platforms, and Vitalik Buterin’s proposed Layer-2 upgrade aims to cut rollup withdrawal times to one or two days, potentially boosting adoption. Related Reading: Top Crypto Exchange Expands To Latin America With Argentina And Brazil Market Entry However, for now, Lee’s high-stakes Ethereum wager stands as a cautionary tale of over-leveraged optimism colliding with a cooling market, leaving investors to wonder whether Bitmine’s billion-dollar loss marks the start, or the bottom, of Ethereum’s latest cycle. Cover image from ChatGPT, ETHUSD chart from TradingviewSource InformationPublisher: Bitcoinist.comOriginal Source: Read more