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Ethereum Flashes Same Signal That Triggered June’s Rebound

Published Source: BeInCryptoRead original

Crypto Insight Summary: Ethereum (ETH) saw roughly 169,770 coins leave exchanges on net, per Santiment. That marked its largest outflow day in over 4 months, a pattern last seen just before June’s rebound. Fewer coins on exchanges usually means less supply ready for sellers. However, US spot Ethereum funds have bled $1.18 billion in October, so buyers have Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large ETH outflows reduce sell pressure, but broader market weakness may limit upside.

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