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Ethereum News Update: Individual Investors Accumulate ETH Despite Institutional Withdrawals and Market Turmoil

Ethereum News Update: Individual Investors Accumulate ETH Despite Institutional Withdrawals and Market Turmoil

Bitget-RWA2025/11/05 07:02
By:Bitget-RWA

- Ethereum (ETH) dropped below $3,400 on November 4, triggering $1.1B in liquidations and erasing 2025 gains. - Whale activity included a $24.48M short-covering move and $386M ETH transfer, signaling potential market bottom. - Bitcoin neared $100,000 as ETH/RSI hit oversold levels, while retail traders defied institutional exits to accumulate ETH. - Macroeconomic pressures and leveraged position unwinds drove the selloff, though some analysts highlight dip-buying opportunities.

On November 4, Ethereum (ETH) dropped below $3,400, recording its first loss of 2025 and sparking more than $1.1 billion in crypto liquidations within a single day, according to

. This sharp decline, the largest daily drop in several months, wiped out all of the year’s gains for the world’s second-biggest cryptocurrency and brought (BTC) close to $100,000—a price not seen since June. Over 303,000 traders saw their positions liquidated, with $287 million in long trades erased in just one hour, highlighting the rapid unwinding of leverage on major platforms.

During the market chaos, blockchain data showed notable moves by

whales. One prominent whale closed a short position of 66,000 , locking in $24.48 million in profit by settling the debt and moving 482 million in collateral to Binance, . At the same time, another major holder sold 5,500 ETH at a loss, reflecting a broader pattern of large investors adjusting their strategies amid the volatility. Interestingly, the same address that withdrew 110,000 ETH from Binance in one day—worth $386 million—shifted from short selling to buying, which could indicate a market bottom, according to .

Ethereum News Update: Individual Investors Accumulate ETH Despite Institutional Withdrawals and Market Turmoil image 0

Ethereum’s recent price swings have put a spotlight on liquidity changes. One whale sent 3,000 ETH to Binance, adding to a position that has reportedly earned $14.8 million since 2023,

. In contrast, another large investor took a $1.08 million hit after transferring 6.8 million tokens back to Binance, illustrating the dangers of high-risk trades, . These actions highlight a market contending with leveraged trading and changing sentiment, as the BeinCrypto report also pointed out that the Relative Strength Index (RSI) for both ETH and neared oversold territory.

The selloff was not limited to Ethereum; Bitcoin and other altcoins such as

and also saw significant liquidations. Despite institutional outflows, retail investors continued to buy ETH, showing confidence in the asset. Experts link the downturn to broader economic factors and the unwinding of speculative positions, though some view the current dip as a buying opportunity.

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