### 🚨 ETHEREUM NEWS | ETH
**Whale Moves $31M Worth of ETH Off Exchanges**
A newly identified wallet withdrew **11,610 ETH**, worth approximately **$31 million**, from exchanges on September 29 at an average price of around **$2,667 per ETH**. The reason for the transfer is not confirmed, but large exchange withdrawals can reduce immediately available selling liquidity. ([CoinMarketCap][1])
At the same time, institutional demand remains notable. U.S. spot Ethereum ETFs attracted nearly **$690 million in net inflows last week**, while BitMine's Ethereum holdings approached **6 million ETH**, around **4.9% of Ethereum's total supply**. ([FXStreet][2])
📊 **ETH WATCH**
• Whale withdrawal: **11,610 ETH**
• Value: **~$31M**
• Average price: **~$2,667**
• ETH ETF weekly inflows: **~$690M**
• BitMine holdings: **~6M ETH**
**Big money is clearly keeping Ethereum on the radar. 👀**
#Ethereum #ETH #ETHNews #CryptoNews #WhaleAlert #crypto #EthereumETF
#EarningsSeason
**Whale Moves $31M Worth of ETH Off Exchanges**
A newly identified wallet withdrew **11,610 ETH**, worth approximately **$31 million**, from exchanges on September 29 at an average price of around **$2,667 per ETH**. The reason for the transfer is not confirmed, but large exchange withdrawals can reduce immediately available selling liquidity. ([CoinMarketCap][1])
At the same time, institutional demand remains notable. U.S. spot Ethereum ETFs attracted nearly **$690 million in net inflows last week**, while BitMine's Ethereum holdings approached **6 million ETH**, around **4.9% of Ethereum's total supply**. ([FXStreet][2])
📊 **ETH WATCH**
• Whale withdrawal: **11,610 ETH**
• Value: **~$31M**
• Average price: **~$2,667**
• ETH ETF weekly inflows: **~$690M**
• BitMine holdings: **~6M ETH**
**Big money is clearly keeping Ethereum on the radar. 👀**
#Ethereum #ETH #ETHNews #CryptoNews #WhaleAlert #crypto #EthereumETF
#EarningsSeason
