Ethereum (ETH) — Onchain News & Whale Tracking

Yesterday, U.S. spot Bitcoin ETFs recorded a net inflow of $66.2 million, while U.S. spot Ethereum ETFs saw a net outflow of $2.8 million.

According to Farside’s monitoring, on September 29, U.S. spot Bitcoin ETFs posted a total net inflow of $66.2 million, broken down as: BlackRock’s IBIT: +$51.1 million; ARK’s ARKB: +$33.2 million; Bitwise’s BITB: -$18.1 million; while Fidelity’s FBTC, Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, WisdomTree’s BTCW, Morgan Stanley’s MSBT, Grayscale’s GBTC, and BTC saw no inflows or outflows. U.S. spot Ethereum ETFs recorded a total net outflow of $2.8 million yesterday, with details: Grayscale’s ETH: +$12.8 million; BlackRock’s ETHA: -$8.9 million; Fidelity’s FETH: -$6.7 million; and BlackRock’s ETHB, Bitwise’s ETHW, 21Shares’ TETH, VanEck’s ETHV, Invesco’s QETH, Franklin’s EZET, Morgan Stanley’s MSSE, and Grayscale’s ETHE had no inflows or outflows.

Aztec re-launches the zk.money privacy wallet on its Ethereum Layer 2 network.

Aztec Labs has relaunched zk.money, a self-custodial wallet for private crypto payments, three years after discontinuing its original product. The new version runs on the Aztec Network. Aztec said Tuesday that unlike standard Ethereum wallets, zk.money does not disclose users’ balances, payment amounts, or transaction counterparties on the public ledger.

Bitcoin ETFs See $42.99M Inflow, Ethereum ETFs Attract $15.37M in Single Day

Sept 29 Update: #Bitcoin ETFs: 1D NetFlow: +511 $BTC(+$42.99M)?? 7D NetFlow: +15,196 $BTC(+$1.28B)?? #Ethereum ETFs: 1D NetFlow: +5,648 $ETH(+$15.37M)?? 7D NetFlow: +168,733 $ETH(+$459.29M)??

The Ethereum Foundation will activate the Glamsterdam upgrade on the Sepolia testnet on October 6.

The Ethereum Foundation announced that the Glamsterdam network upgrade will activate on the Sepolia testnet at 21:53:36 Beijing Time on October 6, 2026 (epoch 353,024, slot 11,296,768). Activation timelines for the Hoodi testnet and Ethereum mainnet have not yet been finalized. The upgrade integrates the Amsterdam execution layer and Gloas consensus layer, with core improvements including: built-in proposer-builder separation (ePBS, EIP-7732), which formally incorporates block proposal and construction into the protocol; block-level access lists (BALs, EIP-7928), enabling parallel state reads and transaction verification; and adjusted gas pricing that more accurately reflects execution and state growth costs (EIP-8037, EIP-8038, etc.). Node operators must update their execution layer and consensus layer clients prior to activation. Corresponding client versions have been rolled out sequentially; detailed compatibility lists are available in the official announcement. Mainnet users and ETH holders do not need to perform any actions at this time.

U.S. Ethereum spot ETFs have posted net inflows for seven consecutive days, with a net inflow of $17.1 million yesterday.

According to Farside data, U.S. Ethereum spot ETFs posted net inflows for the seventh consecutive trading day yesterday, totaling $17.1 million.

An Ethereum OG whale sold another 1,000 ETH, worth approximately $2.68 million.

According to Lookonchain’s monitoring, an Ethereum OG whale that purchased 3,000 ETH at an average price of $18.8 spent only $56,500 on this investment 8 years ago. The address sold another 1,000 ETH today, valued at roughly $2.68 million. To date, it has sold a total of 2,000 ETH at an average price of $3,096, worth approximately $6.19 million, while still holding 1,000 ETH valued at around $2.67 million. The whale’s total profit stands at about $8.8 million, marking a 156x return on investment.

Ethereum OG sells 1,000 $ETH for $2.68M, realizes $8.8M profit on 3,000 $ETH bought at $18.8

An #EthereumOG who bought 3,000 $ETH at $18.8 ($56.5K at the time) 8 years ago sold another 1,000 $ETH ($2.68M) today. The OG has now sold 2,000 $ETH ($6.19M) at an average price of $3,096 and still holds 1,000 $ETH ($2.67M). Total profit: $8.8M — a 156x return!

Ethereum-based meme coin ZC briefly breaks through $17 million in market cap, surging more than 20 times intraday.

According to GMGN market data, the Ethereum-based meme coin ZC (Zipcoin) briefly surpassed a market cap of $17 million, surging over 20-fold intraday, and is currently at a $12.05 million market cap. ZC’s narrative is derived from the fictional currency in *Snowmoon*, a novel by Ethereum co-founder Vitalik Buterin. Designed as an on-chain currency featuring "anonymous payments, burn-to-vote, and real-time taxation", it aims to translate the novel’s concepts into real-world blockchain applications. BlockBeats reminds users that most meme coins lack practical use cases, exhibit high price volatility, and investors should exercise caution.

Analysis: The restaking 'gold rush' is ebbing, profits of Ethereum's leading protocols have shrunk sharply

As restaking yields continue to decline and smart contract risks rise, Ethereum’s leading liquid restaking protocol ether.fi is gradually exiting the restaking business and shifting to a "crypto neo-bank" model. Data shows that as of September 8, the restaking sector’s assets under management (AUM) stood at approximately $10.02 billion, generating only around $99,977 in fees over the past week. By contrast, liquid staking protocols manage roughly $51.87 billion in AUM and produced about $27.35 million in fees. Calculated per dollar of assets, fees from liquid staking are roughly 53 times higher than those from restaking. ether.fi CEO Mike Silagadze noted that restaking offers "no meaningful yield opportunities" while exposing users to additional risks, prompting the firm’s exit from the segment. As of August, less than 1% of ether.fi’s assets remained restaked via EigenLayer, with the company expected to fully sever related structural connections by the end of this year. Meanwhile, the five major liquid restaking protocols—Renzo, Kelp, Swell, Puffer Finance, and Bedrock—combined to generate around $953,000 in gross profit in Q2 2026, a sharp decline from the $2.18 million they earned over the prior three quarters. ether.fi has since pivoted its business focus to crypto neo-banking, including offerings such as crypto payment cards, lending markets, yield vaults, and tokenized stocks and metals.

Bitcoin ETFs see $145.71M inflow, Ethereum ETFs attract $55.12M as institutional demand strengthens

Sept 28 Update: #Bitcoin ETFs: 1D NetFlow: +1,740 $BTC(+$145.71M)?? 7D NetFlow: +29,298 $BTC(+$2.45B)?? #Ethereum ETFs: 1D NetFlow: +20,447 $ETH(+$55.12M)?? 7D NetFlow: +231,519 $ETH(+$624.1M)??

Bitcoin has surpassed $85,000, while Ethereum has broken through $2,700.

According to HTX market data, Bitcoin has broken through the $85,000 level, with a 0.75% 24-hour gain. Ethereum has surged past $2,700, posting a 0.2% rise over the same period.

Vitalik: Ethereum will transition from a "blockchain" to a "crypto world computer" in the future.

Ethereum co-founder Vitalik Buterin has released a new article titled "The Cryptographic World Computer", stating that after years of technological evolution, Ethereum will gradually become a system with fundamental architectural differences from traditional blockchains. Vitalik points out that Ethereum already has core capabilities including general-purpose computing, proof-of-stake (PoS), zero-knowledge proofs, and layer-2 (L2) scaling. Going forward, it will further introduce adjustable computing architectures, multi-party block construction, highly optimized PoS, and deep integration of zero-knowledge proofs into its base layer. He predicts that by around 2030, Ethereum’s core mechanisms—transaction validation, consensus, block construction, privacy, and computing—will all undergo changes. These shifts include moving away from re-downloading and executing blocks toward SNARK-based validation and PeerDAS for data availability verification; transitioning from proof-of-work (PoW) to highly optimized PoS; and replacing single-party block construction with multi-participant block building. Vitalik notes that the future Ethereum decentralized network will not only serve security and censorship resistance, but also enhance performance through parallel storage, parallel computing, and privacy protection. The Hegota upgrade is likely Ethereum’s last "traditional" hard fork, after which recursive STARKs, automated formal verification, optimized consensus mechanisms, and anti-quantum technologies will become the main development directions. Ultimately, these advances will drive Ethereum to evolve from a mere ledger to a "cryptographic world computer" that integrates blockchain, cryptographic privacy, verifiable computing, and decentralized off-chain components.

Security Alert: Users who have previously traded NFTs on Magic Eden’s Ethereum marketplace are advised to revoke authorizations for the Limit Break contract.

RevokeCash has issued a security alert, warning that users who previously traded NFTs on Magic Eden’s Ethereum marketplace likely granted authorization to Limit Break’s Payment Processor contract, which carries a known vulnerability, and recommends revoking that authorization. Yesterday, Magic Eden officials noted that NFTs currently listed on the platform are not affected by the vulnerability, while those listed via its EVM marketplace roughly between February and October 2024 may be impacted; listings after October 2024 are in principle unaffected. The platform is in contact with protocol owner and maintainer Limit Break to explore additional risk mitigation measures, including pausing protocol transfers, and will continue investigating the full scope of the impact. Users who have listed or traded NFTs on Magic Eden’s EVM marketplace should revoke related contract authorizations on the Ethereum, Polygon, and Base networks. They can filter their addresses via revoke.cash and revoke all NFT authorizations marked as "approved for all". Additionally, Yuga Labs’ Vice President of Blockchain, Quit, stated that the asset claim website for NFT theft incidents tied to the Payment Processor vulnerability is now live. Affected users whose NFTs were successfully recovered by Yuga Labs can now file claims, but must first revoke authorization for the Payment Processor.

AI-themed token IMD on Ethereum mainnet hits an all-time high as its market cap surges past $39 million.

According to GMGN data, Ethereum mainnet AI-themed token IMD has hit a new all-time high market cap of over $39 million, and has since pulled back to $31 million, with a 24-hour trading volume of $2.1 million. IMD is an older token on the Ethereum mainnet, having evolved from a chain game pet token to an experimental project featuring "community-provided computing power, AI labor, and token deflation." Its predecessor was Fren Pet, an electronic pet game launched on Base in 2023, later renamed VIBE, and rebranded as IMD in May 2026. Its current narrative centers on building an "AI cooperative": users holding qualified NFTs can connect their computers and Claude/Codex quotas to the network, enabling AI agents to collaboratively write code, audit smart contracts, and develop applications, with rewards distributed for completed projects. The token uses the POOL4 mechanism, where a portion of IMD is allocated from transactions—most of which is burned, with the remainder distributed to stakers and nodes. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.

Vitalik: Ethereum nodes can now sync in half a day, and the Glamsterdam upgrade will further improve this.

Ethereum co-founder Vitalik Buterin stated that Ethereum nodes can now complete synchronization in half a day, and with aggressive configurations, disk usage can be reduced to under 0.5 TB, mainly thanks to EIP-4444 and client teams’ ongoing optimizations to snapshot sync. The upcoming Glamsterdam upgrade will further improve node synchronization, and Nimbus’ new sync protocol has already adopted related mechanisms. Vitalik also noted that users can point their wallet’s Remote Procedure Call (RPC) to a local node, but they must properly configure the node’s RPC functionality; some in-browser decentralized applications may not effectively support local RPC, while others have hardcoded RPC to their own servers. The Kohaku command-line tool will next further integrate privacy protocols, with partial early development already completed.

Ethereum breaks through $2,700

According to HTX market data, Ethereum has broken through the $2,700 level, with a 1.67% gain in the past 24 hours.

Yesterday, U.S. spot Bitcoin ETFs posted a net inflow of $190.7 million, while U.S. spot Ethereum ETFs logged a net inflow of $66.1 million.

According to Farside’s monitoring, on September 24, total net inflows into U.S. spot Bitcoin ETFs hit $190.7 million, broken down as follows: BlackRock’s IBIT: +$162.6 million; Fidelity’s FBTC: +$12.9 million; Morgan Stanley’s MSBT: +$10.2 million; Franklin’s EZBC: +$4.9 million; Bitwise’s BITB: +$4.1 million; WisdomTree’s BTCW: -$4 million. ARK’s ARKB, Invesco’s BTCO, Valkyrie’s BRRR, VanEck’s HODL, Grayscale’s GBTC, and other Bitcoin ETFs saw no net inflows or outflows. Total net inflows into U.S. spot Ethereum ETFs yesterday reached $66.1 million, with breakdown: BlackRock’s ETHA: +$26.8 million; Fidelity’s FETH: +$21.5 million; Grayscale’s ETH: +$17.8 million. BlackRock’s ETHB, Bitwise’s ETHW, 21Shares’ TETH, VanEck’s ETHV, Invesco’s QETH, Franklin’s EZET, Morgan Stanley’s MSSE, and Grayscale’s ETHE recorded no net inflows or outflows.

Ethereum surges past $2,700, posting a 1.45% gain in the last 24 hours.

According to HTX market data, Ethereum has surpassed $2,700, with a 24-hour gain of 1.45%.

Payy Network officially confirms it was hacked, with its cross-chain contract on Ethereum under attack.

Payy Network, a privacy-focused stablecoin payment network, officially confirmed that its cross-chain contract on Ethereum was hacked, leading to the theft of all its balances. The investigation is ongoing, and all transactions on Payy Network—including deposits, withdrawals, and transfers—have been suspended. Payy has notified law enforcement and is collaborating with multiple incident response organizations. Earlier today, Specter Investigation detected that Payy Network was suspected of being attacked, with approximately 1.8 million USDC transferred out. The attacker obtained initial funds via the privacy protocol Railgun before converting the stolen USDC into ETH and dispersing the funds to three addresses.

Trader Maji cuts long positions in Bitcoin and Ethereum, incurring $1.42 million in account losses over the past 24 hours.

According to TradingBeats' monitoring, crypto figure "Big Brother Ma Ji" (Huang Lichang) has reduced his long positions in Bitcoin and Ethereum, with his account incurring a $1.42 million loss in the past 24 hours. His current positions are as follows: Ethereum (ETH) long positions worth approximately $96.47 million, with an unrealized loss of around $50,000, entry price of $2,658.94, and liquidation price of $2,549.76; HYPE long positions worth about $19.72 million, with an unrealized loss of roughly $330,000, entry price of $93.25, and liquidation price of $72.96; Bitcoin (BTC) long positions worth approximately $16.72 million, with an unrealized loss of around $20,000, entry price of $83,693.60, and liquidation price of $64,174.98.

Tom Lee: Robinhood chose Ethereum as its infrastructure, citing its security and liquidity.

Tom Lee, chairman of BitMine, an Ethereum treasury firm, said that Robinhood’s choice of Ethereum as the infrastructure for its related businesses is primarily driven by the network’s security and liquidity, rather than low transaction fees. Ethereum’s value proposition is gradually moving beyond simply earning transaction fees; the network no longer needs to maximize gas fees or extract more value from projects built on it to drive growth. Meanwhile, ETH is gradually evolving into a store-of-value asset, with users holding it for its practical utility and appreciation potential.

A whale’s swing trade on Ethereum failed, suffering a loss of $342,000 on 4,088.5 ETH.

On-chain analyst Ai Yi (@ai_9684xtpa) has tracked a whale that previously netted $5.05 million from ETH buy-low, sell-high trades over two months. This whale withdrew 4,088.5 ETH at an average price of $2,727.26 between September 21 and 23. Following today’s market pullback, the whale deposited all of the ETH into Binance an hour ago, with a total value of roughly $10.8 million — translating to a potential $342,000 loss if sold.

Bitcoin ETFs see $320M inflow, Ethereum ETFs add $131M as weekly flows surge to $3B combined

Sept 24 Update: #Bitcoin ETFs: 1D NetFlow: +3,824 $BTC(+$320.43M)?? 7D NetFlow: +28,862 $BTC(+$2.42B)?? #Ethereum ETFs: 1D NetFlow: +49,304 $ETH(+$131.2M)?? 7D NetFlow: +211,638 $ETH(+$563.17M)??

Tom Lee: Bullish on Ethereum challenging its previous high this year, gains led by crypto-related stocks signal the start of a bull market.

Chairman Tom Lee of Ethereum treasury firm BitMine stated that crypto-themed stocks led third-quarter gains, viewing this as a signal of a bull market’s launch. Unlike past cycles driven by ICOs, NFTs, meme coins, and stablecoins, the current cycle incorporates tokenization, AI, and a more favorable regulatory landscape, with a wider pool of participating capital. After years of consolidation, the market may see a more decisive breakout, with upside potential exceeding that of prior cycles. Lee also expressed optimism that Ethereum will strengthen amid the rollout of tokenization on Wall Street, noting ETH has a chance to challenge its all-time high this year.

Yesterday, U.S. spot Bitcoin ETFs recorded net inflows of $346.9 million, while spot Ethereum ETFs saw net inflows of $104.5 million.

According to Farside’s monitoring, the total net inflow into U.S. spot Bitcoin ETFs hit $346.9 million yesterday. Breakdown: BlackRock’s IBIT saw a net inflow of $166.3 million; Fidelity’s FBTC, $143.2 million; Morgan Stanley’s MSBT, $32.4 million; ARK’s ARKB, $5 million. Bitwise’s BITB, Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, WisdomTree’s BTCW, and Grayscale’s GBTC recorded no net inflows or outflows. Separately, the total net inflow into U.S. spot Ethereum ETFs stood at $104.5 million yesterday. Breakdown: BlackRock’s ETHA, $50.8 million; Fidelity’s FETH, $41.3 million; Grayscale’s ETHE, $4.3 million; VanEck’s ETHV, $4 million; Franklin’s EZET, $3 million; 21Shares’ TETH, $2.9 million; Morgan Stanley’s MSSE, $1.4 million; Invesco’s QETH, $0.9 million. Notably, Grayscale’s ETH posted a net outflow of $4.1 million, while BlackRock’s ETHB and Bitwise’s ETHW had no net inflows or outflows.

A whale that added 15,000 ETH to its position yesterday cut most of its holdings after Ethereum’s price fell overnight, locking in a $21.12 million profit.

Per monitoring by YuEmber, an OTC whale/institution that added 15,000 ETH to its positions only yesterday took partial profits and cut most of its ETH holdings after the early morning price drop today: it transferred 42,000 ETH (worth $112 million) to Galaxy Digital seven hours ago, locking in $21.12 million in profits. The address accumulated 52,000 ETH over the past two months at an average price of $2,161, and reduced its 42,000 ETH position at $2,664 in the early hours of today.

Bitcoin ETFs see $609M inflow, Ethereum ETFs add $184M as weekly flows surge

Sept 23 Update: #Bitcoin ETFs: 1D NetFlow: +7,107 $BTC(+$609.37M)?? 7D NetFlow: +20,738 $BTC(+$1.78B)?? #Ethereum ETFs: 1D NetFlow: +67,597 $ETH(+$183.83M)?? 7D NetFlow: +86,117 $ETH(+$234.2M)??

Bitcoin ETFs posted a net inflow of $714.7 million yesterday, marking three consecutive days of massive net inflows, while Ethereum ETFs recorded a net inflow of $162.2 million yesterday.

According to monitoring by Farside Investors, Bitcoin ETFs posted a net inflow of $714.7 million yesterday, marking their third consecutive day of net inflows exceeding $400 million. BlackRock’s IBIT recorded a net inflow of $350 million, while FBTC saw a net inflow of $257.4 million. Ethereum ETFs had a net inflow of $162.2 million yesterday, with ETHA registering a net inflow of $88.1 million and FETH notching $33.6 million in net inflows.

Bitcoin ETFs see $1.26B inflow, Ethereum ETFs turn negative with $90.41M weekly outflow

Sept 22 Update: #Bitcoin ETFs: 1D NetFlow: +14,613 $BTC(+$1.26B)?? 7D NetFlow: +8,277 $BTC(+$712.62M)?? #Ethereum ETFs: 1D NetFlow: +68,434 $ETH(+$187.93M)?? 7D NetFlow: -32,923 $ETH(-$90.41M)??

More than half of the trading volume of Kalshi’s Ethereum perpetual futures comes from orders of the same fixed amount.

In Kalshi's Ethereum perpetual futures trading between September 17 and 20, orders with a near-$5,499 single transaction amount generated $7.7 million in turnover, accounting for 57% of the analyzed trading volume. Among the 46 sampled dates since June, 43 saw repeated fixed-amount transactions. Kalshi’s public data does not disclose trader identities, and the exchange has not explained the parties behind these repeated transactions or the reasons for changes in the target amount. Earlier, quantitative analyst Beni published an article questioning prediction market platform Kalshi for artificially inflating crypto trading volume, citing multiple data points as evidence. (CoinDesk)

Peter Brandt: Ethereum's long-term resistance level stands at $5,000, and a breakout could drive it to $8,600.

Famous trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, shared his long-term outlook on Ethereum today. Brandt noted that Ethereum is currently trading at around $2,794, and after breaking through the $5,000 resistance level, it could rally to approximately $8,600. Additionally, Brandt believes XRP’s long-term target could reach $5.40.

U.S. spot Ethereum ETFs saw a net inflow of $270 million yesterday.

According to Farside's monitoring, U.S. spot Ethereum ETFs recorded a net inflow of $270 million yesterday, marking two consecutive trading days of large net inflows.

Vitalik praised prediction market Trueo in a post, which will migrate to Ethereum’s mainnet.

Decentralized prediction market Trueo has announced its migration from the Base network to Ethereum mainnet. Ethereum co-founder Vitalik Buterin praised the move, stating: "I’m delighted to see Ethereum gain a strong new entrant in the prediction market space, one committed to decentralization and ethical principles, rejecting corporate-flavored mediocrity, and truly seeking to leverage these economic primitives to explore interesting and meaningful use cases." (Vitalik had earlier used similar language to criticize commercial prediction markets that overly prioritize short-term dopamine-inducing hype and low-value speculation.)

An Ethereum OG whale bought back 8,630.6 ETH this morning, incurring a swing trading loss of $8.03 million.

According to EmberCN's monitoring, an OG whale that obtained 38,800 ETH by participating in Ethereum's ICO in 2015 sold 11,552 ETH at $2,027 six months ago, generating $23.42 million in proceeds. Early this morning, the whale repurchased 8,630.6 ETH at an average price of $2,749, incurring a swing trade loss of 2,921 ETH, worth $8.03 million.

Bitcoin ETFs see $116M inflow, but Ethereum ETFs lead with $149M daily inflow as weekly outflows persist

Sept 21 Update: #Bitcoin ETFs: 1D NetFlow: +1,363 $BTC(+$116.09M)?? 7D NetFlow: -4,418 $BTC(-$376.24M)?? #Ethereum ETFs: 1D NetFlow: +54,659 $ETH(+$149.45M)?? 7D NetFlow: -62,810 $ETH(-$171.73M)??

Multicoin Capital Co-founder: Solana’s market cap will surpass Ethereum’s in this cycle.

Multicoin Capital co-founder Kyle Samani said that driven by factors like stronger usability and functionality, more crypto companies will build on Solana rather than Ethereum in the future. Solana’s market capitalization will overtake Ethereum’s “in this market cycle,” he noted, adding that Ethereum’s advantage as the default smart contract network for crypto firms may gradually weaken. Samani claimed that “hardly anyone actually uses Ethereum these days,” and its leading position remains mainly due to stablecoins, as well as stablecoins borrowed using ETH as collateral. Samani expressed a pessimistic view on Ethereum’s value capture ability. He stated: “This is an asset worth $300 billion to $400 billion, but its value capture ability is questionable, or may not exist at all, and it has no growth whatsoever.” Samani further said he doesn’t understand why investors are willing to hold ETH at its current valuation, noting there are many “more reasonably priced” investment opportunities in the market. He believes more crypto companies will shift to Solana, calling it “the most feature-complete network” that can help enterprises looking to integrate their operations reduce operational complexity. Although SOL’s current market cap is less than one-fifth of Ethereum’s, its weekly and monthly network fees have both exceeded Ethereum’s.

Jiang Zhuoer: Expects Bitcoin to undergo a sharp correction after reaching a high resistance zone, but remains fully allocated to spot Ethereum in anticipation of gains.

BTC.TOP founder Jiang Zhuoer stated in a post that Bitcoin’s price trajectory aligns with one of his previously outlined expected scenarios: “Test the high resistance zone of $83,000 to $84,000, then a major pullback will follow.” Jiang added, “This pattern means this is not the peak—wait and see, don’t go short, and hold full spot ETH positions for further upside.”

Analysis: Ethereum exchange withdrawal volume hits 3-year high, investors may continue accumulating ETH

CryptoQuant analyst Darkfost wrote that over the past three months, Ethereum (ETH) prices have surged from $1,510 to $2,650, a rise of over 75% that has broken through April’s highs. In comparison, Bitcoin (BTC) has yet to sustainably hold above its May highs, putting ETH’s price trend temporarily ahead. Darkfost pointed out that ETH withdrawal volume on Binance has recently reached a three-year high, with monthly average ETH withdrawal transactions just crossing 90,000 — a level not seen since 2023, roughly double the figure at the start of this year. Large volumes of ETH being moved out of exchanges like Binance typically signal investors transferring the asset to private custody after purchasing it, a move often linked to long-term holding and accumulation strategies. Currently, this accumulation trend is far more prominent for ETH than for BTC.

A whale that netted $3.7 million from swing trading Ethereum (ETH) is chasing the rally again, adding 7,567 ETH to its holdings.

According to EmberCN’s monitoring, a crypto whale that sold ETH in August for an approximate profit of $3.7 million has repurchased ETH today. Over the past hour, the whale transferred $40 million in USDC to Binance, and has since withdrawn 7,567 ETH worth roughly $20 million from the exchange. The whale has repeatedly executed ETH trades on the 21st of each month: it bought $21 million worth of ETH on July 21, sold ETH on August 21 to pocket ~$3.7 million in profit, and repurchased ETH again on September 21.

Ethereum briefly breaks through $2,700

According to HTX market data, Ethereum briefly broke through $2,700 and has now pulled back to $2,694, with a 24-hour increase of 2.49%.

Ethereum approaches $2,700, Bitmine’s total unrealized loss on its positions narrows to approximately $2.71 billion.

As Ethereum approaches $2,700, Bitmine — the world’s largest Ethereum treasury firm — has narrowed the unrealized loss on its total ETH holdings to $2.71 billion, after the loss had once swelled to $10 billion. Bitmine currently holds 5,956,378 ETH, with an average cost basis of roughly $3,340 per token. Additionally, its staked Ethereum positions remain at 5,067,309 ETH, accounting for 85% of its total holdings and valued at approximately $12.7 billion, with current annualized staking rewards of around $334 million.

An OG Ethereum whale has held a long position in ENA for 228 days, with unrealized profits nearing 900%.

According to TradingBeats monitoring, the ENA long position held by a whale address starting with 0xeadc has been ongoing for roughly 228 days. As of 10:34 Beijing Time, the address still holds approximately 10.0265 million ENA long positions, with an average entry price of $0.110537, position value of around $2.0849 million, and unrealized profit of about $976,600. ENA has risen around 88.12% from its entry cost. The position uses 10x full leverage, generating a return of roughly 881.18%. It currently holds a total of 41 long positions, with a total notional value of approximately $69.8481 million, and an overall contract leverage of about 4.65x. ENA accounts for only around 2.98% of its total contract exposure, but its unrealized profit ranks third among all current positions, trailing only NEAR’s ~$1.3695 million and AAVE’s ~$1.0225 million. It is reported that this address is an ETH OG who entered the crypto market in 2017, once holding nearly $90 million worth of ETH, all transferred to Hyperliquid. Previously, it held the largest HYPE long position on the platform.

Yesterday, Grayscale’s Zcash ETF recorded a net inflow of $270 million, while its spot Ethereum ETF saw a net inflow of $143.7 million.

Yesterday, Grayscale Zcash ETF saw a net inflow of $270 million, marking its 16th consecutive trading day of net inflows. Meanwhile, the U.S. spot Ethereum ETF recorded a net inflow of $143.7 million, ending its three-day streak of net outflows.

Maji’s unrealized profit from his Ethereum long position has expanded to $3.65 million, and he added a 10x leveraged long position in HYPE.

According to monitoring by TradingBeats, the unrealized profit on Ethereum long positions held in the address of crypto figure "Big Brother Machi" Huang Licheng has expanded to $3.65 million, with the position value reaching $88.81 million; his Bitcoin long positions carry an unrealized profit of $112,000. He recently added 9,000 HYPE long positions with 10x leverage, at an entry price of $92.21.

Bitcoin ETFs See $154M Inflow, Ethereum ETFs Lose $71.75M in Single Day

Sept 18 Update: #Bitcoin ETFs: 1D NetFlow: +1,955 $BTC(+$154.39M)?? 7D NetFlow: -6,715 $BTC(-$530.42M)?? #Ethereum ETFs: 1D NetFlow: -28,356 $ETH(-$71.75M)?? 7D NetFlow: -42,976 $ETH(-$108.74M)??

Bitcoin surges past $78,000, Ethereum breaks through $2,500

According to HTX market data, Bitcoin has surpassed $78,000, with a 2.01% gain in the past 24 hours. Ethereum has broken through the $2,500 level, posting a 1.22% increase over the same period.

Bankless co-founder liquidated all their Ethereum (ETH) holdings and reallocated to 5 altcoins, all of which have significantly outperformed ETH.

Bankless co-founder David Hoffman announced on May 21 that he had liquidated his entire Ethereum (ETH) holdings, subsequently purchasing VVV, NEAR, ZEC, HYPE, and LIT, while disclosing partial entry prices: "NEAR at approximately $1.40, HYPE at around $45, ZEC at roughly $560, and LIT at about $1.35." Per HTX market data, the current prices of these assets and their performance based on the disclosed entry prices are as follows: LIT trades at $5.02, a roughly 272% increase from entry; ZEC is at $1512.42, up ~170%; NEAR stands at $3.49, up ~149%; HYPE is at $86.51, up ~92%. Hoffman did not reveal VVV’s specific entry price. Using its May 21 price of $15.99 as an estimate, VVV now trades at $25.27, marking a ~58% gain. Over the same period, ETH rose from around $2127.47 to $2473.23, a ~16% increase. All five altcoins in Hoffman’s prior allocation significantly outperformed ETH during the period.

Yesterday, Bitcoin ETFs posted a net inflow of $159.5 million, while Ethereum ETFs recorded a net outflow of $39.3 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs recorded a net inflow of $159.5 million yesterday, with IBIT seeing a net inflow of $183.7 million. Ethereum ETFs, meanwhile, posted a net outflow of $39.3 million, among which ETHA had a net outflow of $42.9 million.

Bitcoin and Ethereum ETFs See Massive Outflows: $328M BTC, $186M ETH in 24 Hours

Sept 17 Update: #Bitcoin ETFs: 1D NetFlow: -4,300 $BTC(-$328M)?? 7D NetFlow: -12,061 $BTC(-$919.92M)?? #Ethereum ETFs: 1D NetFlow: -76,217 $ETH(-$186.28M)?? 7D NetFlow: -32,343 $ETH(-$79.05M)??

An early Ethereum contributor withdrew 500,000 LIT tokens from the Lighter protocol, valued at $2.07 million.

According to on-chain analyst Ai Yi (@ai_9684xtpa), Ethereum early contributor billΞ.eth (@0xbilly)’s associated address withdrew 500,000 LIT tokens from the Lighter Protocol two hours ago, worth $2.07 million. Fueled by favorable U.S. regulatory policies and the Robinhood network hype, the Lighter Protocol has posted notable growth recently, with its LIT token rallying more than 97% in the past month.