Ethereum Traders Buy the Dip Despite Third-Largest Spot Outflow Since October
Update: 2025-11-04
Description
Ethereum's recent price drop saw investors move over $350 million worth of coins off public exchanges, a bullish signal often indicating long-term holding. This outflow, reminiscent of a similar pattern in October that led to a 7-13% price increase, has sparked hopes for a repeat. However, with Ethereum's price still down nearly 6% and prediction markets turning bearish, the future remains uncertain. As investors await fresh demand and global market stability, all eyes are on Ethereum's next move.
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