Matched October 6–8 snapshots show a larger ETH-denominated book despite Thursday's contraction, separating outstanding exposure from lower USDT valuation.
The share of Ether supply held at a profit moved out of the accumulation range but remains well below the alert zone.
The wallets transferred 430.2 ETH through four addresses, while some related funds reached a Binance hot wallet.
Ethereum price has recovered to around $2,493 after a sharp fall toward $2,400, but its daily Supertrend has turned bearish, and the 4-hour chart still shows negative money flow.
Today, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week, the broad crypto market entered a correction.
A Hyperliquid whale lost 28,716 ETH worth $69.69 million to forced liquidation in the overnight crash. Within half an hour it had wired in fresh margin and opened a new ether long. The Position Before the Drop The whale first surfaced on Oct. 7, when onchain trackers traced margin deposits into three Hyperliquid addresses.
An analyst says Binance's Ethereum reserves have fallen to a six-month low while daily withdrawal transactions reach a record, raising liquidity questions.
U.S. spot Ether ETFs recorded $72.5 million in net withdrawals on Oct. 8, while Ether led a broader derivatives selloff.
The divergence in ETH investor behavior highlights a shift towards self-custody and productive use, contrasting with institutional retreat. Binance ETH reserves hit six-month low as withdrawals surge.
Ethereum falls toward $2,500 as ETF outflows and high yields pressure ETH, while institutional forecasts still point to substantially higher prices.
Ethereum led the five highest-revenue chains in its ecosystem. Robinhood Chain ranked second at $8.91 million despite a 76% monthly decline.
Ether has lost 10% in three days as Binance reserves fell to 3.47 million ETH and U.S.-listed spot Ether ETFs posted eight straight days of outflows.