{"id":66729,"date":"2026-10-16T07:37:22","date_gmt":"2026-10-16T07:37:22","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=66729"},"modified":"2026-10-16T07:40:00","modified_gmt":"2026-10-16T07:40:00","slug":"ethereum-faces-three-red-flags-big-players-are-taking-profits-and-investor-interest-wanes","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/ethereum-faces-three-red-flags-big-players-are-taking-profits-and-investor-interest-wanes\/","title":{"rendered":"Ethereum faces three red flags: Big players are taking profits and investor interest wanes"},"content":{"rendered":"\n

The second half of October saw Ethereum under significant selling pressure. Its price, after a weekly decline of 3.55%, hovers around the $2,400 mark, and the market is simultaneously experiencing three unfavorable factors: increasing coin reserves on exchanges, extensive profit-taking by large holders, and continued capital outflow from US spot ETF funds. If buyers do not return soon, the October losses of the second largest cryptocurrency<\/a> could deepen further.<\/strong><\/p>\n\n\n\n

Read also: France Wants to Scrutinize Cryptocurrency Wallets<\/a><\/h3>\n\n\n\n

Rising Exchange Reserves and Million-Dollar Whale Sell-offs<\/h2>\n\n\n\n

The first warning sign is the rapid influx of coins onto centralized cryptocurrency exchanges. According to data from the analytical company CryptoQuant<\/a>, exchange reserves increased from approximately 14.59 million ETH at the end of September to 14.93 million ETH by October 14. While a higher volume of assets on platforms does not automatically mean an immediate sell-off of all transferred funds, it represents a significant amount of coins that owners can readily offer for liquidation. In combination with cooling demand, this creates a strong supply overhang, which pushes the market price down.<\/p>\n\n\n\n

Increased selling activity is also confirmed by specific transactions of large holders, so-called whales. Data from the analytical account Lookonchain revealed that a significant over-the-counter (OTC) wallet labeled 0x8c58 sold 9,996 ETH worth approximately $25 million, locking in a profit exceeding $24.4 million after previous accumulations. Attention was also drawn to Patricio Worthalter, founder of the POAP project, who transferred a total of 14,000 ETH, valued at over $35 million, to the Gemini exchange over several days in October, causing further market concerns about potential selling pressure.<\/p>\n\n\n\n

Read also: yPredict: A Revolutionary Cryptocurrency Prediction Platform<\/a><\/h3>\n\n\n\n

Cooling US Demand and Massive ETF Outflows<\/h2>\n\n\n\n

The second and third warning signs come from the United States, where interest in Ethereum<\/a> is visibly waning. The Coinbase Premium Index has dropped to approximately \u22120.1173, a two-month low indicating that ETH is trading at a discount on the US exchange Coinbase compared to the Binance<\/a> platform. Concurrently, US spot ETFs are reporting a dramatic retreat of institutional money. According to SoSoValue data, these funds have recorded a series of ten consecutive days of net outflows totaling over $780 million, and despite a slight one-day rebound, the October balance remains deeply in the negative at around $681.5 million.<\/p>\n\n\n\n

Ethereum is currently approximately 49% below its all-time high of $4,946 from August 2025, and its position is further complicated by broader macroeconomic uncertainty and geopolitical tensions. The confluence of rising exchange balances, whale profit-taking, and capital outflow from regulated funds creates strong counter-pressure against any sustained recovery. To restore an upward trend, a mere slowdown in sales will not be enough \u2013 the market now urgently needs a convincing return of buyers and several consecutive days of stable capital inflows.<\/p>\n\n\n\n

You might also like: crypto4me review<\/a><\/h3>\n\n\n\n

Sources:<\/p>\n\n\n\n