Ethereum (ETH) — Onchain News & Whale Tracking

An Ethereum IC0 whale deposited 3,000 ETH to a centralized exchange (CEX) and transferred over $100 million in stablecoins in the past 24 hours.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the ancient whale that subscribed 100,000 ETH in the 2015 ICO is continuing its sell-off. Over the past 24 hours, it transferred 3,000 ETH to centralized exchanges (CEX), worth $6.94 million. With a cost basis as low as $0.31, the return on this sale would reach 746,324%. The on-chain address currently holds 47,000 ETH, valued at $109 million. Notably, last night the whale transferred over $100 million in stablecoins to major CEXs, market makers (MM), and over-the-counter (OTC) institutions, with its purpose remaining unknown.

Bitcoin ETFs see $169M outflow, Ethereum ETFs down $198M over 7 days

Oct 26 Update: #Bitcoin ETFs: 1D NetFlow: -2,123 $BTC(-$169.47M)?? 7D NetFlow: +3,344 $BTC(+$266.96M)?? #Ethereum ETFs: 1D NetFlow: -6,960 $ETH(-$16.07M)?? 7D NetFlow: -85,801 $ETH(-$198.15M)??

Tom Lee: Ethereum is expected to rise to $62,000 in the next crypto market cycle.

Fundstrat co-founder Tom Lee expects Ethereum to reach $62,000 in the next crypto market cycle. Ethereum has previously recorded 50x to 200x gains across past crypto cycles. Even a more conservative 25x rally would push ETH’s price to roughly $62,000. Shareholders of BitMine (BMNR), the Ethereum holding company led by Lee, could also generate substantial returns from the ETH held by the firm under this scenario. It should be noted that the price target is a scenario projection, not a definitive prediction.

Ethereum Foundation Researcher: Glamsterdam Testnet Upgrade Delayed, EIP-8037 Causes Contract Compatibility Issues

Ethereum Foundation researcher Toni Wahrst?tter announced in a post that core developers last week decided to delay the Hoodi testnet upgrade to Glamsterdam, following a ChainSecurity report uncovering compatibility and security issues between EIP-8037 and certain smart contracts. Identified problems include: residual gas may rise during transaction execution, causing underflow in some gas counting logic and triggering rollbacks, or activating code paths that should not execute, making transactions appear successful. Additionally, some contracts may incorrectly calculate gas consumption during calls, leading to underestimated usage. ChainSecurity previously noted it has found 13 real-world cases and is conducting responsible disclosure with affected projects. Wahrst?tter said further reviews of related contracts will be carried out this week to assess follow-up solutions, which may require collaboration among application developers, core developers, auditors, and node operators. In the worst scenario, protocol specifications may need adjustment. He urged application developers and auditors to verify their contracts’ compatibility with EIP-8037 and EIP-8038, and report issues promptly.

Ethereum OG dumps 1,500 $ETH ($3.46M) after 9 years, still holds 48,500 $ETH worth $112.7M

Another #EthereumOG dumped 1,500 $ETH ($3.46M) after 9 years of inactivity. This OG bought 100,000 $ETH(cost $31K) at $0.31 through the ICO in 2015 and still holds 48,500 $ETH ($112.7M).

An ancient Ethereum whale transferred out 5,000 ETH, 1,500 of which were sent to a centralized exchange (CEX).

According to on-chain analyst Yu Jin Monitoring, a long-time Ethereum whale has begun transferring its long-held ETH. Over the past two hours, 5,000 ETH were moved out, with 1,500 tokens (valued at approximately $3.45 million) deposited into a centralized exchange (CEX). The whale purchased 100,000 ETH in 2015 at $0.311 per token, totaling around $31,100 in costs. In 2016, it sold 50,000 of these ETH at $5.47 each, generating roughly $273,500 in proceeds and a profit of about $258,000. The remaining 50,000 ETH were held long-term, with transfers only commencing recently.

Ethereum Foundation sells another 2,785 ETH

According to monitoring by Onchain Lens, the Ethereum Foundation has just sold ETH worth $6.42 million. The institution converted 2,785 ETH (approximately $6.42 million) to USDS via CoWSwap.

A certain entity engaged in high-selling and low-buying of Ethereum, buying back 3000.5 ETH at recent lows.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a mysterious entity with funds sourced from Tornado Cash has bought a total of 3,000.5 ETH (valued at $7.06 million) since October 23, and later swapped the ETH for BTC via cross-chain protocol THORChain. The entity previously sold ETH in batches at price highs, and recently repurchased the asset at lows. It had earlier offloaded ETH in batches at $3,109 in January 2026 and $2,679 in September, before buying back recently at $2,353.

Ethereum falls below $2,300

According to HTX market data, Ethereum has fallen below $2,300, with a 4.31% decline in the past 24 hours.

Yesterday, U.S. spot Bitcoin ETFs recorded a net outflow of $137.9 million, while U.S. spot Ethereum ETFs saw a net inflow of $4.4 million.

According to Farside's monitoring, U.S. spot Bitcoin ETFs posted a net outflow of $137.9 million yesterday, marking the second consecutive trading day of large net outflows. U.S. spot Ethereum ETFs, meanwhile, saw a net inflow of $4.4 million.

A certain early Ethereum participant has offloaded 1,000 ETH, with a cost basis of just $0.31.

According to Lookonchain’s monitoring, an early Ethereum holder who bought 100,000 ETH at $0.31 per token during the Ethereum ICO sold 1,000 ETH again six hours ago.

Ethereum OG Sells 1,000 $ETH From ICO Holdings, Bought at $0.31

Many Ethereum OGs are selling $ETH! Another Ethereum OG who bought 100,000 $ETH at $0.31 each during the ICO sold 1,000 $ETH 6 hours ago.

Ethereum Foundation postpones the Glamsterdam upgrade for the Hoodi testnet, with no new date confirmed yet.

The Ethereum Foundation has announced that the Glamsterdam upgrade, originally set to activate on the Hoodi testnet at 17:42:48 UTC on October 26, 2026, has been delayed, with a new activation date yet to be confirmed. Core developers decided to postpone the upgrade during the 248th Ethereum Consensus Layer Developer Meeting (ACDE #248) to further investigate interactions between EIP-8037 and Ethereum mainnet smart contracts. The delay cancels the original plans for the Amsterdam execution layer activation and Gloas consensus layer activation, and also revokes the prior plan to raise the Hoodi testnet’s gas limit to 200 million in the same cycle. The Ethereum Foundation stressed that this adjustment only rolls back configurations for future upgrades and will not revert historical on-chain data on the Hoodi testnet. The upgrade originally scheduled for October 26 is no longer on the agenda; the new activation cycle and specific timing will be announced at a later date.

A crypto whale took profit on Ethereum (ETH) and then "precisely" went long on crude oil, posting an unrealized profit of $1.9 million in three days.

According to YuJing Monitor, as crude oil prices surged 4% today, a crypto whale who sold ETH bought at a low three days ago to go long on crude oil is now sitting on an unrealized profit of $1.9 million. The whale sold ETH purchased at an average price of $1,647 for a profit of $8.99 million, then opened a long crude oil position worth $51.56 million.

Bitcoin ETFs see $571.59M outflow in 1 day, Ethereum ETFs down $276.69M over 7 days

Oct 23 Update: #Bitcoin ETFs: 1D NetFlow: -6,998 $BTC(-$571.59M)?? 7D NetFlow: +4,312 $BTC(+$352.18M)?? #Ethereum ETFs: 1D NetFlow: -19,381 $ETH(-$46.54M)?? 7D NetFlow: -115,218 $ETH(-$276.69M)??

U.S. spot Bitcoin ETFs recorded a net outflow of $635 million yesterday, while Ethereum ETFs saw a net outflow of $110 million.

According to data from Farside, U.S. spot Bitcoin ETFs posted a net outflow of $635 million yesterday. Among them, BlackRock’s IBIT saw a net outflow of $254 million, Fidelity’s FBTC recorded a net outflow of $217 million, and ARK’s ARKB had a net outflow of $109 million. Additionally, U.S. spot Ethereum ETFs reported a net outflow of $110 million yesterday, with BlackRock’s ETHA seeing a net outflow of $75.5 million and BlackRock’s ETHB recording a net outflow of $17.2 million.

Ethereum OG sells 3,000 $ETH for $7.23M, 128x return since $18.83 purchase 9 years ago

An #EthereumOG who bought 3,000 $ETH($7.23M now) at only $18.83 nine years ago sold today, making a 128x return!

Ethereum OG Whales Continue Selling 3,000 ETH, Expected Profit Exceeds $15.74 Million

According to on-chain analyst Ai Yi (@ai_9684xtpa), an ETH OG with a cost basis as low as $18.82 continues to offload 3,000 ETH, with estimated total profits exceeding $15.74 million. Address 0xa4c…F02D0, likely belonging to the same whale or entity, deposited 3,000 ETH (valued at $7.23 million) to Kraken 10 hours ago, aligning with the previously tracked ETH accumulation timeline, funding source, and deposit method. If confirmed, the entity has reportedly sold 6,000 ETH since August 2025, worth $15.85 million, with an average entry price of $2,642.42, yielding a return of over 139 times.

Bitcoin ETFs see $470M inflow in 1D, Ethereum ETFs suffer $290M outflow in 7D

Oct 22 Update: #Bitcoin ETFs: 1D NetFlow: +5,766 $BTC(+$470.15M)?? 7D NetFlow: +11,503 $BTC(+$937.97M)?? #Ethereum ETFs: 1D NetFlow: -4,422 $ETH(-$10.63M)?? 7D NetFlow: -120,629 $ETH(-$290.03M)??

Ethereum research draft proposes cutting transaction finality to around 4 minutes to reduce cross-chain transfer costs.

Ethereum finality research coordinator Ben Edgington and multiple researchers have submitted a draft proposal, aiming to cut transaction finality wait time from around 16 minutes to roughly 4 minutes — a roughly fourfold reduction. The current goal is to advance the draft into the formal upgrade proposal pipeline. The core idea of the draft is to split validators’ original combined mechanism of “block selection” and “finality determination”, allowing finality to progress at a faster pace and facilitating future adoption of post-quantum signatures. Faster finality is expected to lower costs for cross-chain transfer services tied to capital lockup. An Ethereum Foundation study example notes: If a service advances roughly $1 million per hour, under a 16-minute delay, around $267,000 remains unrecovered; shortening the delay to 4 minutes cuts that figure to approximately $67,000.

A crypto whale liquidated a $21.15 million long position in Bitcoin, with the funds redirected to Ethereum.

According to TradingBeats monitoring, a large whale wallet starting with 0x469e completed a major position adjustment this morning: it liquidated 250 BTC long positions, actually selling around $21.15 million; meanwhile, it added 5,219.54 ETH long positions, with total transaction value of about $13.06 million. The average closing price of BTC was approximately $84,599.81, generating a profit of around $568,000; the average entry price for the ETH additions was about $2,502.17. Its ETH long positions increased from 10,000 to around 15,200, a rise of approximately 52.2%. Currently, the position value stands at around $37.075 million, with an average price of $2,601.72, still showing an unrealized loss of about $2.522 million. It is reported that ETH has not yet outperformed BTC; the spot ETH/BTC exchange rate is now around 0.02946, down about 8.28% since the start of this month, and has fallen by around 0.64% since October 15. Although there has been a recent recovery from lows, a sustained uptrend has not yet formed.

Ethereum Institutional is hiring a Tokyo-based Asia-Pacific head, with a focus on collaborating with Japanese financial institutions.

Ethereum Institutional’s official X platform has published a job opening for an Asia-Pacific (APAC) Lead position based in Tokyo. The role will be responsible for establishing partnerships with Japanese banks, financial market infrastructure institutions, asset management firms, and corporates; planning and organizing conferences and information sessions for financial institutions and institutional investors; and driving Ethereum’s goal to become the infrastructure for the next generation of financial services.

The Ethereum community has proposed a "Decoupled Consensus" draft, designed to accelerate transaction finality and enhance resistance to chain reorganization.

According to GitHub information, a core protocol draft titled "Decoupled Consensus" has emerged in the Ethereum EIP repository. The proposal suggests separating the beacon chain's head voting and finality proof voting to enhance fork choice security, shorten finality time, and lay the foundation for a future transition to post-quantum cryptography (PQ). Co-authored by Francesco D'Amato, Roberto Saltini, Yann Vonlanthen, Mikhail Kalinin, and Ben Edgington, among others, the draft remains in an early stage with multiple details undetermined. The submitter currently aims primarily to obtain an EIP number. The proposal is pending further review and has not yet been merged.

Yesterday, U.S. spot Bitcoin ETFs posted a net inflow of $524.8 million, while U.S. spot Ethereum ETFs saw a net inflow of $14.9 million.

According to Farside’s monitoring, U.S. spot Bitcoin ETFs recorded a net inflow of $524.8 million yesterday. Breakdown by product: IBIT saw a net inflow of $235 million, FBTC $212.7 million, BITB $19.2 million, ARKB $9.8 million, EZBC $7.3 million, GBTC $32.6 million, and BTC $8.2 million; all other products had zero net inflow. Separately, U.S. spot Ethereum ETFs posted a net inflow of $14.9 million yesterday. Among them, ETHA had a net outflow of $29.3 million, while FETH logged a net inflow of $13 million, ETHW $0.9 million, EZET $0.9 million, MSSE $1.3 million, and ETH $28.1 million; all other products recorded no net inflow.

A crypto whale has been continuously cyclically going long on Ethereum (ETH), adding another 9,000 ETH to its position.

According to on-chain data analyst @ai_9684xtpa, a whale address (0xdeA…a1d5c) that has been using a loop lending strategy to long ETH since the end of September added 9,000 ETH to its position, successfully bringing its average long cost down to $2,553.31. Currently, the address has deposited 18,500.54 WETH (worth around $45.53 million) as collateral on the Aave protocol, borrowed $25.01 million in stablecoins, and holds a position health factor of 1.51. Since September 29, the address has cumulatively withdrawn 12,549.9 ETH (approximately $32.04 million) from Binance through this approach, with its average entry and average add-to-position price range falling from $2,736.47 to $2,460.

Ethereum breaks through $2,500

According to HTX market data, Ethereum has broken through $2,500, with a 1.7% gain in the past 24 hours.

Bitcoin ETFs see $33.88M outflow, Ethereum ETFs hit $384.13M weekly outflow

Oct 21 Update: #Bitcoin ETFs: 1D NetFlow: -403 $BTC(-$33.88M)?? 7D NetFlow: +2,528 $BTC(+$212.31M)?? #Ethereum ETFs: 1D NetFlow: -12,688 $ETH(-$31.42M)?? 7D NetFlow: -155,122 $ETH(-$384.13M)??

Grayscale launches in-kind subscription service for its ETFs, covering 10 products including Bitcoin, Ethereum, and Hyperliquid.

GrayScale has announced the launch of an in-kind subscription model, enabling investors to submit eligible digital assets directly in exchange for shares of GrayScale’s corresponding investment products. The firm noted that this approach reduces self-custody burdens, may lower transaction execution costs, and facilitates the integration of related investments into standard portfolio management. Currently, the in-kind subscription is available for 10 products, including the Avalanche Staking ETF (GAVA), Bitcoin Mini Trust ETF (BTC), Chainlink Trust ETF (GLNK), Ethereum Staking Mini ETF (ETH), Dogecoin Trust ETF (GDOG), Hyperliquid Staking ETF (HYPG), Solana Staking ETF (GSOL), Sui Staking ETF (GSUI), XRP Trust ETF (GXRP), and Zcash ETF (ZCSH).

Yesterday, U.S. Bitcoin spot ETFs recorded a net inflow of $23.2 million, while U.S. Ethereum spot ETFs saw a net outflow of $26.1 million.

According to Farside's monitoring, yesterday, the total net inflow of U.S. spot Bitcoin ETFs reached $23.2 million. Among them, IBIT saw a net inflow of $29.9 million, FBTC a net inflow of $3.6 million, BITB a net outflow of $10.3 million, while all other products recorded zero capital flows. For U.S. spot Ethereum ETFs, total net outflows stood at $26.1 million. Specifically, ETHA posted a net outflow of $33 million, FETH a net inflow of $3.6 million, Grayscale Ethereum Mini Trust (ETH) a net inflow of $3.3 million, with all other products registering zero capital movement.

An Ethereum OG whale is reportedly liquidating their holdings, having earned over 151 times returns over nine years of holding.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a long-time Ethereum OG whale who has held a position for nine years appears to have liquidated his holdings. The whale’s cost basis is as low as $18.82, delivering a 151.7x return on investment. Nine years ago, he withdrew 3,000 ETH from Gemini, which was worth just $56,400 at the time. He held the ETH for years before beginning to transfer portions of his holdings to crypto exchanges in August 2025; the last 1,000 ETH was deposited to exchanges nine hours ago at an average price of $2,874.17. A full sale would net the whale $8.566 million in profit.

Bitmine has deposited 159,728 ETH into Ethereum staking, worth approximately $390 million.

According to Yuqing Monitoring, Ethereum treasury firm Bitmine deposited 159,728 ETH (valued at approximately $390 million) into Ethereum staking six hours ago, bringing its total staked ETH to over 5.227 million units, worth around $12.8 billion. Currently, 1.33 million ETH remain in the Ethereum staking entry queue with a wait time exceeding 23 days, while only 149,000 ETH are in the exit queue, with a wait time of less than four days.

Ethereum's staked amount has risen to 43.8 million units, hitting an all-time high and accounting for 35.9% of its total supply.

Ethereum's staked ETH has risen to a record high of 43.8 million ETH, accounting for 35.9% of the total ETH supply. Meanwhile, both the staking yield rate and the number of validators have declined.

Bitcoin ETFs see $578M inflow while Ethereum ETFs face $101M outflow

Oct 20 Update: #Bitcoin ETFs: 1D NetFlow: +7,103 $BTC(+$578.22M)?? 7D NetFlow: +4,965 $BTC(+$404.18M)?? #Ethereum ETFs: 1D NetFlow: -42,349 $ETH(-$101.34M)?? 7D NetFlow: -143,108 $ETH(-$342.45M)??

Yesterday, Bitcoin ETFs recorded net inflows of $526.7 million, while Ethereum ETFs saw net outflows of $103.3 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs posted a net inflow of $526.7 million yesterday: IBIT recorded a net inflow of $665.2 million, while FBTC saw a net outflow of $83.6 million. For Ethereum ETFs, net outflows totaled $103.3 million, with ETHA logging a net outflow of $95.4 million.

A crypto whale that bought the dip of Ethereum (ETH) at $1,647 has sold 12,468 ETH, locking in a profit of $8.99 million and shifting to go long on crude oil.

According to on-chain analyst Yu Jin’s monitoring, a crypto whale leveraged to purchase $30 million worth of ETH at $1,647 per token in early June. Yesterday, the whale sold 12,468 ETH from that position at $2,368 apiece, receiving roughly $29.52 million in USDC and locking in an estimated profit of $8.99 million. The whale subsequently transferred $20 million in USDC to Hyperliquid and shifted to go long on crude oil. Currently, its combined long positions in CL and BRENTOIL are valued at approximately $22.4 million, with the whale continuing to add to these positions.

Bitcoin ETFs see $94.94M outflow, Ethereum ETFs down $87.51M in 24 hours

Oct 19 Update: #Bitcoin ETFs: 1D NetFlow: -1,156 $BTC(-$94.94M)?? 7D NetFlow: -2,926 $BTC(-$240.41M)?? #Ethereum ETFs: 1D NetFlow: -36,378 $ETH(-$87.51M)?? 7D NetFlow: -130,684 $ETH(-$314.39M)??

Ethereum falls below $2,400

According to HTX market data, Ethereum has fallen below $2,400 and is currently trading at $2,399.

JPMorgan Chase is expanding its JPM Coin deposit token to Ethereum for institutional clients.

According to Bloomberg, JPMorgan is expanding its deposit token JPM Coin to the Ethereum mainnet for institutional clients. JPM Coin enables institutional clients to send and receive funds around the clock, rather than being restricted to business hours and multi-day settlement periods.

Vitalik: Ethereum should implement general cryptography support via EIP-8288 to reduce the need for precompiled contracts.

Ethereum co-founder Vitalik Buterin has published a post noting that placing most cryptographic support in precompiled contracts and the Ethereum Virtual Machine (EVM) is not an ideal solution. As data handled by both is typically written to Ethereum blocks via calldata, on-chain data space is limited. Even with the introduction of PeerDAS and Blob mechanisms, actual data throughput may still face constraints once it hits around 8 MB/s. Ethereum should not be viewed merely as a blockchain, but as a "cryptographic world computer". For computational tasks that do not need to be included in the main on-chain data and execution flow, they should not be forced to be processed in the main flow. A more appropriate approach is an EIP-8288-centric design: perform complex computations on the client, generate STARK proofs, then submit the proofs via EIP-8288’s recursive aggregation mechanism. Under this model, only the completion of computations and their results need to be verified on-chain, eliminating the need to directly process relevant raw data or execute the full computation process. Vitalik argues this will enable developers to freely use diverse cryptographic technologies, while keeping the Ethereum chain lightweight and reducing the requirement for adding new precompiled contracts in the future.

Maji adds margin to re-open long positions on Ethereum, with the position value reaching $4.3 million.

According to TradingBeats' monitoring, prominent crypto figure Jeff Huang (nicknamed "Maji Big Brother") had his entire account liquidated earlier this morning. Later that evening, he added $100,000 in margin and opened a new 25x long Ethereum position worth $4.3 million at an entry price of $2,398. A year ago, Huang had earned $44.84 million in profits on Hyperliquid; he has since given back all those gains and incurred an additional $36.85 million in losses.

Ethereum falls below $2,400, with a 1.13% drop in 24 hours.

According to HTX market data, Ethereum has dropped below $2,400, recording a 1.13% decline in the past 24 hours.

Viewpoint: Nearly 90% of Ethereum lending liquidations have taken atomic paths over the past year, and real-world assets (RWA) may shift to off-chain liquidations.

Analysis firm Sentora reported that 89% of the roughly $1.63 billion in liquidations on Ethereum lending platforms over the past year were settled via atomic paths. Atomic liquidations depend on decentralized exchange (DEX) liquidity. Real World Asset (RWA) collateral, which features thin liquidity pools and whitelist transfer restrictions, will push more liquidations to shift to off-chain market makers, request for quote (RFQ), and solver paths. Atomic paths refer to liquidations that complete collateral liquidation and debt repayment within a single on-chain transaction, with common methods including flash loans, self-funded advances, or direct contract calls. By contrast, RWAs are often hard to offload immediately on DEXs, so liquidations will more frequently be handled by compliant off-chain market makers, who acquire the collateral via inquiry transactions and solvers before closing out positions.

A crypto whale’s long Ethereum (ETH) position has an unrealized loss of over $9.49 million, and it currently holds a long ETH position valued at $97 million.

On-chain analyst Ai Yi (Twitter handle @ai_9684xtpa) has monitored that the whale address 0x77d…ae0e9, which ranks among the top three in ETH holdings on Hyperliquid, has an unrealized loss of $9.493 million on its ETH long positions, making it the address with the largest unrealized loss on ETH on the platform. This address opened 13x leveraged ETH long positions starting September 21, and has since reduced its position by 8,250 ETH, booking a realized loss of $2.277 million. It currently holds 40,268.75 ETH in long positions, with a position value of approximately $97 million, an average entry price of $2,646.05, a liquidation price of $2,290.99, and the current ETH price is about $116.51 above its liquidation price.

A whale betting on Ethereum’s rebound had $11.74 million worth of ETH long positions liquidated at a price of $2,356.

According to on-chain analyst Yu Jin’s monitoring, the whale that opened roughly $187 million in high-leverage long positions on the early morning two days ago, betting on a rebound, has had some of its positions liquidated. The whale’s long position of 4,890 ETH, valued at around $11.74 million, was liquidated at $2,356 during today’s 5 AM early morning dip. This liquidation price exactly matches the low point of ETH’s recent early morning flash price pin, and this liquidation may have helped drive the formation of that low.

Yesterday, U.S. spot Bitcoin ETFs saw a net outflow of $82.4 million, while spot Ethereum ETFs recorded a net outflow of $69.7 million.

According to Farside's monitoring, U.S. spot Bitcoin ETFs saw a net outflow of $82.4 million yesterday, while spot Ethereum ETFs recorded a net outflow of $69.7 million, marking three consecutive trading days of net outflows.

Bitcoin drops below $81,000, Ethereum falls below $2,400

According to HTX market data, Bitcoin has dropped below $81,000, with a current price of $80,936. Ethereum has fallen below $2,400, now priced at $2,397.

Bitcoin ETFs See $15.86M Inflow, Ethereum ETFs Lose $60.84M in Single Day

Oct 16 Update: #Bitcoin ETFs: 1D NetFlow: +194 $BTC(+$15.86M)?? 7D NetFlow: -1,643 $BTC(-$134.56M)?? #Ethereum ETFs: 1D NetFlow: -24,792 $ETH(-$60.84M)?? 7D NetFlow: -119,753 $ETH(-$293.85M)??

Analysis: Ethereum’s structure has improved following the leverage wash on the Binance platform, though it lacks bullish catalysts.

Crypto analytics account CryptoOnchain noted in its latest report that Ethereum’s market structure has improved following Binance’s leverage liquidation, but no clear bullish catalyst has emerged. ETH is currently trading around $2,439, down 6.5% over seven days and 5.2% over 30 days, with an overall on-chain score of roughly zero, indicating a neutral stance. Positive factors cited in the report include: Binance’s open interest fell 4.7% over 30 days to around $6.1 billion, with long liquidations rising 47%, showing fragile leverage is being cleared out; funding rates are also near zero. Additionally, Binance’s ETH reserves dropped 2.4%, reducing its supply share and easing selling pressure; its staking rate stands at 36.1%, in the 98.6th percentile. However, negative factors are also prominent: Binance’s USDT reserves fell 2.3%, with stablecoin net outflows of around $175 million, indicating insufficient new buying funds; Coinbase’s premium is -0.11, signaling weak institutional demand. On the network activity front, transaction volume dropped 4%, and burn fees fell 58%. CryptoOnchain concluded that Binance’s leverage has been largely cleared, making the market structure healthier, but no bullish catalyst is yet present. If USDT flows back to Binance and Coinbase’s premium turns positive in the future, Ethereum’s outlook could shift to bullish.

Ethereum founder Vitalik open-sources 'Paranoid Mode' AI agent privacy solution.

Ethereum founder Vitalik Buterin announced in a post that he has packaged zkAPI, Tor, additional obfuscated traffic, and local large language model prompt rewriting into an OpenAI interface-compatible daemon, and added a "paranoia mode" to the personal proxy framework pi. Each conversation is assigned an independent Tor circuit, requests are masked with random obfuscated traffic, zkAPI prevents identity leaks during payments, and prompts are rewritten by the local model. Vitalik noted that the proxy is also wrapped with the bwrap sandbox and torsocks, with all operations routed through Tor. It is now relatively usable but has significantly higher latency, especially when initiating new conversations. He added that Tor is not optimal for this use case, explaining a dedicated mix network would be more ideal, and cheaper gas fees for zkAPI deposits and withdrawals are set to launch on the mainnet soon.

Metric launches a decentralized exchange (DEX) for tokenized real-world assets (RWAs), now live on Robinhood Chain, BNB Chain, and Ethereum.

Decentralized exchange platform Metric has announced the official launch of metric.xyz, supporting swaps, liquidity provision, and self-deployment of liquidity pools. The platform is currently live on Robinhood Chain, BNB Chain, and Ethereum. Built on Active Pools and propAMM infrastructure, it caters to on-chain markets such as tokenized stocks and RWAs with real prices, with all quoting and trading processes executed on-chain. Separately, BNB Chain announced that users can trade bStocks and provide liquidity directly via Metric; its public DEX also opens an entry for traders and liquidity providers to participate in the bStocks market.