Shocking Truth Revealed!

\n Evaluating response format\n- The task requires HTML output, starting with standard tags like

, , and .\n- A clickbait title, under 100 characters, must be included in the tag without extra explanation.’}}], ‘usage’: {‘completion_tokens’: 1382, ‘prompt_tokens’: 1247, ‘total_tokens’: 2629, ‘completion_tokens_details’: {‘accepted_prediction_tokens’: None, ‘audio_tokens’: None, ‘reasoning_tokens’: 291, ‘rejected_prediction_tokens’: None}, ‘prompt_tokens_details’: None}, ‘provider’: ‘xAI’}<html><br /> <head><br /> <title><a href="https://pricpr.com/eth-usd/">ETH</a> Drama: Bitmine’s $250M Love Affair Sparks Supply Chaos? 😏

Key Takeaways

Is Ethereum being hoarded like your ex’s old knickers?

Absolutely darling. ETH outflows from Binance are spiking like a gossip column.

Are bigwigs gobbling up Ethereum like it’s free champagne?

You bet. Wallets tied to Bitmine just splurged $250 million on ETH, because why not?

After weeks of this topsy-turvy price nonsense, Ethereum [ETH] is finally flashing a cheeky grin. Oh, bless. 🌟

Binance’s netflow data has done a full-on U-turn from hoarding to exodus, meaning more coins are legging it off exchanges than swaggering in. A surge in accumulation and sell pressure fizzling out? That’s usually the universe winking at you. And guess what? Wallets linked to Bitmine have just snaffled a whopping $250 million worth of ETH. Confidence is back, ladies and gents, and a supply squeeze might be lurking like an awkward relative at a party. 🕵️‍♀️

Outflows Explode While Selling Flops Spectacularly

The 30-day average of ETH netflows has flipped from rampant inflows to cavernous outflows – indicating investors have stopped furiously flogging everything. Back in June 2025, it hit a giddy +30,000 ETH, screaming “sell me now!” But fast-forward to this moment of zen, and it’s plummeted to almost -16,000 ETH. Translation: more coins are doing a runner from Binance than arriving with party hats. 📉

In plain speak, holders are whisking their ETH off exchanges to hide it away safely. This is often the precursor to bullish shenanigans down the line. Suspenseful, isn’t it? 😉

Ray Youssef, CEO of NoOnes, confessed to AMBCrypto,

“Ethereum’s price action continues to sit at a crossroads where technical uncertainty and fundamental strength collide, leaving near-term market direction finely balanced…”

Smart Money’s on the Move – And They’re Not Subtle!

Not content with just sentiment, Arkham Intelligence has spotted a real humdinger. Three shiny new wallets just vacuumed up a collective $250 million worth of ETH from Bitgo and Kraken. 😂

The juicy bit? These wallets are copying Bitmine’s previous shopping spree like it’s a bad TikTok trend. This tidal wave of mega-buys, straight after Binance inflows tanked, just fans the flames that the big leagues are gearing up for the next epic rally. Who knew crypto could be so dramatic? 🎭

Youssef quipped,

“Large holders still appear to be posting for structural upside rather than immediate gains, recognizing that Ethereum’s roadmap and role in the on-chain economy will only continue to deepen its long-term utility and improve price performance.”

ETH Wobbles in a Sea of ‘Meh’ Ambivalence

At the time of writing, Ethereum was hovering around $3,913 – a tad feeble after a brief comeback attempt. We’ve all been there, right? 😒

RSI’s whispering that we’re in a neutral-to-bearish vibe, while CMF is barely positive at 0.03, hinting at faint inflow mojo amidst the price belly flops. Trading volumes are playing it coy, a hallmark of indecision. All in all, the chart’s screaming consolidation, with ETH seemingly stockpiling energy for its next wild leap. Tensions rising! 🚀

Youssef summed it up thus,

“Ether range-bound action shows that it’s still in its ‘cooldown phase’ after the strong Q3 performance – a phase where it is digesting liquidity, removing excess speculative bets, and the underlying accumulation is laying the groundwork for ETH’s next major move.”

And he cheekily added,

“Ethereum’s ecosystem remains fundamentally stronger than its price action currently suggests and reflects.”


Read More

2025-10-22 10:28