• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: New Pro-Crypto Plan Unveiled By SEC And CFTC: Could Traditional Markets Go 24/7?
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: New Pro-Crypto Plan Unveiled By SEC And CFTC: Could Traditional Markets Go 24/7?
$1.8B In Ethereum Withdrawn From Exchanges In Largest Weekly Outflow Since 2022 – Details

$1.8B In Ethereum Withdrawn From Exchanges In Largest Weekly Outflow Since 2022 – Details

Sebastian Villafuerte
by Sebastian Villafuerte
5 months ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum (ETH) has been struggling around the $2,000 level, unable to regain higher ground as bulls fail to reclaim key resistance zones. Despite positive developments, such as Thursday’s U.S. Strategic Bitcoin Reserve executive order signed by President Trump, market sentiment remains bearish. Investors continue to approach the market with caution as uncertainty and selling pressure persist.

Related Reading: Bitcoin & Ethereum Move In Lockstep With US Stocks As Tariff Concerns Weigh On Markets

This week is expected to be crucial for Ethereum, with analysts watching whether prices can stabilize at critical demand levels or if further downside is ahead. With ETH stuck in a range, traders are waiting for confirmation of a breakout before making directional bets.

Interestingly, IntoTheBlock insights reveal that $1.8 billion worth of ETH left exchanges last week. Such large withdrawals often signal accumulation by long-term holders, which could indicate growing confidence in Ethereum despite short-term weakness.

With Ethereum hovering near key levels, the next few days will determine whether bulls can regain strength or if further selling pressure will push ETH below support zones, increasing the risk of an extended downtrend.

Exchange Outflows Signal Potential Accumulation

Ethereum has suffered a massive decline, losing over 50% of its value since late December, fueling fear and panic selling across the market. The downturn has led many analysts to question the possibility of an altseason this year, as Ethereum and most altcoins struggle to reclaim key bullish levels. With ETH failing to break above critical resistance zones, investors remain uncertain about its short-term direction, and market sentiment continues to lean bearish.

Despite the pessimism, there are signs of potential recovery. On-chain data from IntoTheBlock shows that $1.8 billion worth of ETH left exchanges last week, marking the largest weekly outflow since December 2022. Large outflows from exchanges typically indicate that investors are moving ETH into private wallets, suggesting long-term accumulation rather than immediate selling. This trend could imply that whales and institutional players are viewing current prices as an opportunity, despite the broader market uncertainty.

$1.8 billion worth of Ethereum left exchanges last week | Source: IntoTheBlock on X
$1.8 billion worth of Ethereum left exchanges last week | Source: IntoTheBlock on X

If Ethereum can hold key support levels and stabilize, it may be positioned for a strong rebound in the coming weeks. However, for ETH to confirm a true recovery, bulls must reclaim critical resistance zones and sustain buying momentum. Until then, traders remain cautious, watching whether Ethereum will stage a comeback or if further downside is ahead.

Related Reading: Bitcoin Whales Accumulate Over 30,000 BTC In 2 Weeks – Sign Of A Coming Impulse?

The next few weeks will be crucial, as ETH’s ability to hold above key demand zones could determine whether a trend reversal is possible or if continued selling pressure will push prices lower.

Ethereum Bulls Must Hold $2K Support

Ethereum is currently trading above the $2,000 mark, but bulls are finding it difficult to reclaim higher levels amid persistent selling pressure. The market remains in a fragile state, with investors closely watching whether ETH can establish a recovery or continue its downward trajectory.

ETH struggles around $2,000 level | Source: ETHUSDT chart on TradingView
ETH struggles around $2,000 level | Source: ETHUSDT chart on TradingView

For a meaningful recovery, ETH must reclaim the $2,350 level, which would set the foundation for a potential rebound. However, the main resistance zone for bulls remains at $2,500—a critical level that has historically acted as a strong barrier. A break and hold above $2,500 would likely spark a recovery rally, shifting momentum back in favor of buyers.

Related Reading: Bitcoin Trades Below Short-Term Average Cost Basis – Key Insights

On the flip side, failing to hold $2,000 could extend Ethereum’s downtrend, increasing the likelihood of further declines. Losing this key level would put ETH at risk of testing lower demand zones, potentially leading to more aggressive selling pressure.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Sebastian Villafuerte

Sebastian Villafuerte

Follow

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.

Full Profile

Related Posts

Institutional Players Add 218,750 Ethereum ($943M) In 2 Days: Big Money Bets On ETH

Institutional Players Add 218,750 Ethereum ($943M) In 2 Days: Big Money Bets On ETH

1 hour ago
Ethereum

Binance Ethereum Reserves Shrinks As Whale Outflows Persist – Here’s What They Are Up To

8 hours ago
Ethereum

Ethereum Foundation Is Dumping ETH Again, Is This The Top?

1 day ago
Ethereum

Just 10 Wallets Control Majority Of Ethereum Supply: How Do Other ETH Tokens Compare?

1 day ago
ethereum_eth_ethusd_optimized

Ethereum Open Interest Holds Firm at $8.4B: Why Traders Aren’t Flinching Despite Price Pressure

1 day ago
Ethereum

This Company Plans To Go Public With An Ethereum Treasury — Here’s How Much ETH They Bought

2 days ago

Premium Sponsors

Press Releases

  • minwer

    XRP Holders Can Earn $10,000 a Day Through COME...

    2 hours ago
  • BTC prices hit a two-week high, and holders flocked to GMO...

    2 hours ago
  • miner

    Cardano (ADA) Market Outlook: Long-term Potential Passive...

    2 hours ago
  • etnminer

    How to Play to Earn Crypto in 2025: Discover 6 Most...

    8 hours ago
  • miner

    BAY Miner Cloud Mining App Launches with ETH and BTC Users...

    8 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.