Ethereum Flashes Same Signal That Triggered June’s Rebound

Ethereum ($ETH ) saw roughly 169,770 coins leave exchanges on net. That marked its largest outflow day in over 4 months, a pattern last seen just before June’s rebound.
Fewer coins on exchanges usually means less supply ready for sellers. However, US spot Ethereum funds have bled $1.18 billion in October, so buyers have yet to Points Back to Ethereum’s June 5 Rebound
linked the latest spike to June 5, when about 223,800 ETH left exchanges. That day, $ETH sank to its lowest price since April 2025.

ETF Money and US Buyers Keep Their Distance
US spot Ethereum exchange-traded funds (ETFs) on 14 of 16 trading days in October,
Those withdrawals totaled $1.18 billion through October 22. Over the same stretch, total net assets slipped to $14.57 billion, the lowest since August 21.

That gap between tightening supply and hesitant demand leaves analysts divided on where ETH settles.
Where Analysts Expect Ethereum to Find Its Footing
ETH traded at $2,377.29 at press time, down 1.03% over the past 24 hours. That leaves it just below $2,400, which called the immediate pivot.