Wall Street Keeps Selling Ethereum, but Whales Are Buying In
Ethereum (ETH) has dropped 13.98% over the past month, and big investors are reacting in opposite ways. US spot Ethereum exchange-traded funds (ETFs) keep posting outflows, while a few whales are adding coins. The funds lost $365.3 million last week, their sixth straight week of outflows. Meanwhile, three large wallets added about 35,350 ETH, according The post Wall Street Keeps Selling Ethereum, but Whales Are Buying In appeared first on BeInCrypto.
Key Takeaways
- Ethereum (ETH) has dropped 13.98% over the past month, and big investors are reacting in opposite ways.
- US spot Ethereum exchange-traded funds (ETFs) keep posting outflows, while a few whales are adding coins.
- The funds lost $365.3 million last week, their sixth straight week of outflows.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Exchange

Zcash devs propose another block time cut days after NU7 upgrade
The proposed reduction aims to shorten transaction confirmation times and improve the user experience for point-of-sale payments, exchange deposits and cross-chain swaps.

Binance's bitcoin mining pool finds just one block in a week as shutdown nears
The exchange's once significant mining operation has nearly disappeared from Bitcoin's block-production rankings ahead of its November 10 closure.
Senate Probe Puts Binance, Tether and Trump-Linked Crypto Firms on Notice
A Senate probe gives Binance, Tether and Trump-linked firms until January 4 to hand over records or face other measures. The post Senate Probe Puts Binance, Tether and Trump-Linked Crypto Firms on Notice appeared first on BeInCrypto.