Ethereum Flashes Same Signal That Triggered June’s Rebound
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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 yet to follow. Santiment Points Back to Ethereum’s June 5 Rebound Santiment linked the latest spike to June 5, when about 223,800 ETH left exchanges. That day, ETH sank to its lowest price since April 2025. That outflow marked a local buy point, with the price recovering quickly. Still, the firm cautioned that history does not guarantee a repeat.
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