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

Crypto Insight Summary: Ethereum (ETH) is losing support from new money and old money at the same time this October. US spot ETFs have shed about $1.35 billion, while wallets dormant for years moved over $140 million in ETH. The price has dropped 13.6% this month so far. That puts Ethereum on course for its weakest October since Crypto Insight Analysis: Direction: Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Heavy ETF outflows, whale wallet activity, and a 13.6% monthly decline signal broad selling pressure on ETH.