Ethereum Traders Buy the Dip Despite Third-Largest Spot Outflow Since October
Yahoo Finance·2025-11-04 20:43
Ethereum is flashing a potentially bullish signal as investors are buying the dips during its recent downturn, a pattern that has previously preceded price rebounds. The spot exchange netflow for Ethereum hit -$359 million on November 3, marking the third-largest single-day outflow since October, according to CoinGlass data. The negative netflow indicates more Ethereum was moved from exchange wallets into private custody than was deposited, an action typically interpreted as bullish among crypto investors ...