Ethereum Updates Today: Institutional Optimism Meets ETF Withdrawals While Ethereum's Key Support Levels Shape Its Future
- Ethereum's price dropped below $4,000 as "Buddy" sold $600,000 ETH in 3 hours, while ETF outflows reached $93.6M led by BlackRock's ETHA fund. - Institutional buyers like BitMine accumulated 63,539 ETH ($251M) during the dip, expanding their treasury to 3.29M ETH ($13B). - Analysts remain divided: Tom Lee targets $10,000–$12,000 for 2025 citing institutional adoption, while 79% of traders fear prolonged U.S. government shutdown risks. - Market hinges on $3,670–$3,870 support level holding to trigger a po
Ethereum’s price swings and evolving institutional attitudes drew attention as major investors adjusted their strategies. On October 24, Huang Licheng, also known as "Buddy," scaled back his ETH long position by $600,000 within three hours, leaving him with 2,450 ETH, according to
Experts remain split on Ethereum’s short-term outlook. Although ETF outflows and retail selling have pushed ETH under $4,000, BitMine’s Tom Lee and others view the decline as a chance to buy, pointing to increasing institutional interest and supportive macro trends. Lee’s projection of $10,000–$12,000 for 2025 matches other optimistic forecasts, including a $5,600 target for next year if crucial support levels are maintained, according to a
The conflicting market signals underscore ongoing uncertainty.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid News Today: Noomez's Open Presale Challenges the Speculative Frenzy in Crypto
- Noomez ($NNZ) introduces a 28-stage presale with on-chain burns and verifiable progress tracking to build long-term value in a volatile crypto market. - Its fixed 280B token supply and escalating price curve aim to create scarcity, with milestone events triggering additional burns and airdrops. - The project’s ecosystem-centric model, offering up to 66% APY staking rewards, aligns with investor demand for utility-driven crypto projects. - Despite liquidity and regulatory risks, KYC-verified founders and

Dogecoin News Update: Layer Brett's DeFi Advantage Draws Investors While Dogecoin Faces Setback
- REX-Osprey DOGE ETF, the first U.S. spot ETF for Dogecoin (DOGEUSD), launched on September 18, 2025, attracting institutional investors. - Dogecoin faces $0.20–$0.21 resistance after a 16% monthly decline, pushing investors toward Layer Brett (LBRETT) as an alternative. - Layer Brett, an Ethereum-based meme-DeFi hybrid, offers staking rewards, low fees, and 600% annualized returns, drawing crypto enthusiasts. - With $4.4M in funding and 10B tokens, Layer Brett combines utility and community incentives, p

Krugman Cautions That AI-Fueled Expansion May Widen Inequality and Deepen Economic Disparities
- Nobel laureate Paul Krugman warns the U.S. economy faces "abnormal" challenges, including AI-driven inequality, stagnant employment, and deepening polarization. - He highlights three key issues: sectoral divides from AI growth, an "employment freeze" with limited job access, and K-shaped growth favoring high-income groups. - Krugman criticizes delayed data releases and urges policy reforms to address systemic imbalances, as global trade tensions and Trump-era tariffs complicate economic stability. - His

BNB News Update: As BNB Levels Out and AVAX Declines, Crypto Investors Turn Their Attention to MoonBull
- BNB stabilizes above $1,100 amid Kyrgyzstan's BNB-backed stablecoin/CBDC partnership with Binance's CZ, while MoonBull ($MOBU) emerges as a high-ROI altcoin focus. - MoonBull's presale model offers 9,256% projected ROI through 23 price stages, 95% APY staking, and deflationary mechanics (liquidity, reflections, burns) to drive scarcity. - T. Rowe Price's $1.51T asset manager's crypto ETF filing signals institutional adoption, contrasting with AVAX's 14.85% monthly decline and bearish indicators. - $MOBU'
