Ethereum price reclaims $4,700 as bullish momentum holds

Recent on-chain analysis indicates significant accumulation patterns for Bitcoin and Ethereum on the Binance exchange, which have historically preceded bullish market momentum. On November 14, a net outflow of $1.77 billion in BTC and ETH was recorded, with $1.1 billion attributed to Bitcoin and $670 million to Ethereum. This trend coincides with a surge in stablecoin inflows, suggesting a potential shift in market dynamics.

On November 14, Solana and XRP ETFs continued their inflow streaks, while Bitcoin and Ethereum ETFs experienced significant outflows. Bitcoin ETFs saw redemptions totaling $492.11 million, marking their third consecutive day of losses, while Ethereum ETFs faced $177.90 million in outflows.

The crypto bear market persisted this week, with major cryptocurrencies like Bitcoin, Solana, Ethereum, and Ripple experiencing significant declines, with Ripple's token dropping over 38% from its peak this year. Bitcoin has also seen a decrease of more than 20% from its recent highs, contributing to a negative sentiment in the market.

Shiba Inu price is currently under pressure as the cryptocurrency market experiences a pullback. Despite this, the Shiba Inu ecosystem shows promising fundamentals, including a rising burn rate and decreasing exchange reserves. As the largest meme coin on Ethereum, Shiba Inu (SHIB) continues to attract attention, although its price remains uncertain amidst market fluctuations.

On-chain data indicates that Ethereum investors who have held their assets for more than three years are significantly increasing their selling activity, reaching a rate of 45,000 ETH per day. This level of selling is the highest observed since February 2021, according to analytics firm Glassnode. The uptick in distribution among seasoned Ethereum holders suggests a notable shift in market behavior as these long-term investors decide to liquidate their holdings.

Ethereum is currently facing significant selling pressure after briefly dropping below the $3,200 mark. Traders are closely monitoring whether it can maintain stability above this critical support level, as failure to do so may lead to a deeper correction towards $3,000. Despite the market's volatility, a notable Ethereum whale has expanded its position by acquiring an additional 36,437 ETH, bringing its total holdings to approximately $1.34 billion. This accumulation suggests a strong long-term confidence in Ethereum's fundamentals.

N4T has launched the world's first peace prize token on the Ethereum blockchain, aiming to promote global peace and prosperity. The token, categorized as an ERC-20, is part of the first phase of its Initial Coin Offering (ICO), which began on November 14, 2025. This initiative seeks to connect politics, culture, and blockchain technology, marking a significant step in the cryptocurrency landscape.

BitMine Immersion Technologies' stock price has declined following the appointment of Chi Tsang as CEO, who is set to lead the company's Ethereum-focused treasury strategy. This downturn coincides with a broader dip in Ethereum's value, indicating potential market concerns regarding the leadership change.