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$780M Worth of Ethereum Pulled From Exchanges – Biggest Withdrawal Spike in Weeks

NewsBTC•Friday, October 31, 2025 at 3:00:10 AM
NeutralCryptocurrency
$780M Worth of Ethereum Pulled From Exchanges – Biggest Withdrawal Spike in Weeks
Ethereum is currently facing challenges in breaking the $4,000 barrier, leading to a cautious market atmosphere. Recently, there was a significant withdrawal of $780 million worth of Ethereum from exchanges, marking the largest spike in weeks. This move reflects traders' concerns about the cryptocurrency's ability to regain momentum after a series of unsuccessful attempts to rise. Analysts are divided on the outlook for Ethereum, with some highlighting its strong fundamentals driven by network activity and institutional interest, while others remain wary of potential price declines.
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