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Dormant Ethereum (ETH) Whales Move 56,000 Coins to Exchanges in October

COINOTAG·October 29, 2026·1 min read
Dormant Ethereum (ETH) Whales Move 56,000 Coins to Exchanges in October

Dormant Ethereum (ETH) wallets sent about 56,000 coins to exchanges this October, while US spot ETF outflows hit $1.35 billion, the second largest on record. The movement of long-idle ETH to exchanges often signals potential selling pressure, and combined with ETF outflows, it suggests bearish sentiment among large holders.

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