DeFi Daily News
Monday, June 30, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Crypto Market

rewrite this title Ethereum Price to Skyrocket? $402 Million Worth ETH Outflow

Chandan Gupta by Chandan Gupta
February 5, 2025
in Crypto Market
0 0
0
rewrite this title Ethereum Price to Skyrocket? 2 Million Worth ETH Outflow
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is poised for a massive upside rally. It has recently formed a bullish price action pattern on a monthly time frame. A crypto expert posted on X (formerly Twitter), sharing an ETH chart and highlighting how it mirrors Bitcoin’s (BTC) chart before its explosive 2024 surge.

Ethereum (ETH) Mega Breakout 

In a post on X, the expert noted, “ETH’s current market structure looks strikingly similar to Bitcoin’s setup before its previous cycle’s major breakout.” Additionally, he stated that if the pattern holds, a big move could be on the horizon.

#Ethereum Most Explosive Breakout Incoming 🚀#ETH's current market structure looks strikingly similar to #Bitcoin's setup before its previous cycle's major breakout.

If the pattern holds, a big move could be on the horizon. 🔥 pic.twitter.com/gFBRY5aqM5

— Titan of Crypto (@Washigorira) February 5, 2025

Besides this prediction, crypto investors and long-term holders have been consistently accumulating the token since the market experienced a sharp decline.

$402 Million Worth of ETH Outflow

Data from Coinglass’s spot inflow/outflow revealed that exchanges have seen an outflow of a significant $402 million worth of ETH in the past 48 hours. Such a large outflow amid current market uncertainty suggests potential accumulation, creating buying pressure and fueling a further upside rally.

Source: Coinglass

Time to Add ETH, Trump

However, pro-crypto President Donald Trump has also been found significantly accumulating the token since his inauguration. Recently, the executive vice president of the United States, Eric Trump, made a post on X that has gained widespread attention. In his post, Eric stated, “In my opinion, it’s a great time to add ETH.”

In my opinion, it’s a great time to add $ETH.

— Eric Trump (@EricTrump) February 3, 2025

All these factors point toward Ethereum’s bullish outlook and its potential for a massive upside rally—one it missed in 2024 when BTC reached an all-time high.

Current Price Momentum

At press time, Ether is trading near $2,750 and has experienced a price decline of over 1.35% in the past 24 hours. However, during the same period, its trading volume dropped by 18.50%, indicating lower participation from traders and investors, potentially due to high market volatility.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: ETHEthereumMillionOutflowPricerewriteSkyrockettitleWorth
ShareTweetShare
Previous Post

rewrite this title At an Antarctic Research Base, Football Is a Tether to Home

Next Post

rewrite this title FDIC Releases Trove of ‘Operation Chokepoint 2.0’ Crypto Documents – Decrypt

Next Post
rewrite this title FDIC Releases Trove of ‘Operation Chokepoint 2.0’ Crypto Documents – Decrypt

rewrite this title FDIC Releases Trove of 'Operation Chokepoint 2.0' Crypto Documents - Decrypt

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Configuring Web3j for Android Development

Configuring Web3j for Android Development

July 24, 2024
rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs .17 Billion Bitcoin Strategy

rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs $1.17 Billion Bitcoin Strategy

June 30, 2025
rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

June 30, 2025
rewrite this title The Best Prime Day Travel Deals 2025 – NerdWallet

rewrite this title The Best Prime Day Travel Deals 2025 – NerdWallet

June 30, 2025
rewrite this title Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

rewrite this title Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

June 30, 2025
rewrite this title #3: “How Long Can US Stocks Underperform Foreign Stocks?” – Meb Faber Research – Stock Market and Investing Blog

rewrite this title #3: “How Long Can US Stocks Underperform Foreign Stocks?” – Meb Faber Research – Stock Market and Investing Blog

June 30, 2025
rewrite this title Inter Milan dumped out of Club World Cup by Fluminense in historic win

rewrite this title Inter Milan dumped out of Club World Cup by Fluminense in historic win

June 30, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.