Ethereum (ETH) Price: Weekend Drop, Whale Moves and Key Levels to Know

TLDR Ethereum holds 47.1% of the $34.2 billion tokenized fund market, according to Token Terminal. A trader opened a $63.88 million ETH long, now up about $842,000, Lookonchain reported. Analyst LSTRADER says a close near $2,500 would confirm the bullish trend. ETH traded near $2,335 on October 25 after slipping below $2,300 over the weekend. Altcoin open interest is down almost $9 billion, and the ETH staking exit queue is down over 99% from its peak. Ethereum is trading near $2,335 after a weekend pullback, with analysts watching the $2,500 level for a sign of recovery. The price dropped below $2,300 as Bitcoin fell under $80,000. Token Terminal data shows tokenized funds have reached $34.2 billion across 33 blockchain networks. Ethereum holds 47.1% of that market.

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