Ethereum Outflows Hit $6B: Exchange Reserves Drop to 9-Year Low
Crypto investors have withdrawn 1.35 million ETH worth more than $6 billion from major exchanges. Here’s what it means for Ethereum.
Analysis
13
September
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By John Isige - 19
Analyst Bastian (Bitbull - YouTube) takes a closer look at TRON (TRX) and explains which price levels traders should be watching right now.
11
September
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By John Isige
- 26
During the Asian session, XRP/USD is trading around 3.0092: the token is advancing after reports that the RLUSD stablecoin will become available in Africa through partnerships with fintech companies Chipper Cash, VALR, and Yellow Card, enabling faster, cheaper, and more efficient cross-border payments. Institutional investors currently face hurdles in accessing stable local-currency liquidity. According to Jack McDonald, Vice President for stablecoins, interest in RLUSD has increased significantly since its late-2024 launch: this is also reflected in its market capitalization, which has already exceeded $700.0 million. The product is fully compliant with regulatory requirements and is issued via a specialized trust company supervised by the New York State Department of Financial Services (NYDFS).
10
September
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By John Isige
- 32
The SOL/USD pair is holding near 220.89 following reports that hackers stole 92.6K SOL — equivalent to $41.5 million or about 2.0% of assets — from an external wallet used for the SOL Earn strategy on SwissBorg.
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By John Isige
- 37
Analyst Bastian (Bitbull) in his latest review highlights Solana (SOL) and the key levels that may determine the asset’s next move.
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By John Isige
- 30
Ethereum spot ETFs have now logged six straight sessions of heavy redemptions, raising concerns about whether ETH could slip below the $4,000 mark.
9
September
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By John Isige
- 26
Ripple has bounced back from its monthly low, adding around seven percent in the past week. With the token now trading at $3.01, it is testing a key technical barrier that could determine the next direction of the market.
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By John Isige
- 28
Worldcoin (WLD) has surged an impressive 66% in the past 24 hours. These are the next price levels to watch.
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By John Isige
- 31
The ETH/USD pair is trading around 4359.34. Last week, the price dropped to 4261.00 but managed to recover lost ground and is now holding steady compared to the decline from the all-time high on August 24, triggered by heightened geopolitical instability, U.S. trade policy, and weak labor market data. Meanwhile, investors are actively adding ETH to their portfolios.