Reports have disclosed that 16 wallets picked up 431,018 Ether between 
September 25 and 27, spending about $1.73 billion to do so. The buys came 
through names like Kraken, Galaxy Digital, BitGo, FalconX and OKX. Related 
Reading: Dogecoin Bullish Again? $10 Million Stock Buyback Sparks Fresh Price 
Hopes That scale of accumulation pushed attention back to who is buying the 
dip, and why larger players seem willing to add exposure while prices wobble. 
Exchange Balances Fall To 9-Year Low According to Glassnode data, the amount 
of ETH held on exchanges has plunged from roughly 31 million to about 14.8 
million ETH — a drop of 52% from 2016 levels. Many of those coins are likely 
in staking contracts, cold wallets or institutional custody, and the recent 
launch of the first Ethereum staking ETF has helped pull more supply off 
exchanges. Lower exchange balances mean fewer coins ready to be sold instantly 
on exchanges, which can make price moves sharper when big orders hit the 
market. ETH Hovers Near $4,000 As Volatility Rises Based on TradingView 
readings, ETH is trading around $4,011, down roughly 0.33% over the last 24 
hours and more than 10% over the past week. The token briefly slipped under 
$3,980 earlier in the session before climbing back, and it remains below a 
recent close of $4,034. This two-week pullback has returned ETH to a key 
$4,000 support area, and short-term swings have become more pronounced as 
holders reposition. $3,700 Becomes A Line In Sand Crypto analyst Ted Pillows 
has warned that the $3,700 to $3,800 zone could face heavy pressure. Reports 
note that if ETH falls below $3,700, many margin positions could be wiped out 
and spark forced selling that pushes prices lower. $ETH liquidity heatmap is 
showing decent long liquidations around the $3,700-$3,800 level. This level 
could be revisited again before Ethereum shows any recovery. 
pic.twitter.com/SQTbfrujAa — Ted (@TedPillows) September 27, 2025 With fewer 
coins on exchanges and concentrated margin exposure, the short-term outlook is 
more fragile even as longer-term demand indicators look solid. ETF Outflows 
Show Institutional Mood Can Flip US-listed ETH funds recorded nearly $800 
million in outflows this week, their largest redemptions to date. Still, 
roughly $26 billion sits in Ethereum ETFs, equal to 5.37% of total supply. 
Whales keep accumulating $ETH! 16 wallets have received 431,018 $ETH($1.73B) 
from #Kraken, #GalaxyDigital, #BitGo, #FalconX and #OKX in the past 3 
days.https://t.co/0DPxgZMGN7 https://t.co/xtPLBKo9LZ 
pic.twitter.com/oEXZKIErmr — Lookonchain (@lookonchain) September 27, 2025 
Related Reading: When Will XRP Reach $25? Bitcoin Investor Shares A Bold 
Prediction Those numbers underline how quickly institutional sentiment can 
change: big inflows can vanish just as fast, and ETF flows now add a new, 
sizable layer to price dynamics. Lookonchain data also highlighted a prior 
accumulation of roughly $204 million in ETH, showing similar patterns of large 
players stepping up during dips. Retail traders appear more cautious for now. 
But the sequence of big buys from institutional-grade custodians suggests some 
buyers view dips as buying chances while others choose to wait on the 
sidelines. Featured image from Unsplash, chart from TradingView

Whales Scoop $1.73B In Ether As Exchange Balances Hit Nine-Year Low

Vanguard may be preparing one of the most shocking U-turns in financial 
history as it eyes unlocking crypto ETF access for millions of investors. 
Vanguard Considers Opening Doors to Crypto ETFs in Massive Strategic Shift One 
of the most conservative giants in global finance may be on the verge of a 
dramatic turn. Vanguard, the […]

Vanguard’s Historic Pivot Is Brewing—Crypto Access May Never Look the Same Again: Report

Telegram is pushing back hard against mounting political pressure, as founder 
Pavel Durov exposed explosive interference attempts tied to censorship demands 
ahead of key elections. Durov Breaks Silence on Political Interference Attempt 
Through Platform Control Governments pressuring digital platforms has drawn 
growing scrutiny, and Telegram’s founder Pavel Durov has now raised concerns 
about political influence. […]

Durov Reveals Hidden Push by French Intelligence to Censor Telegram Channels

Bitcoin will perform like Nvidia and record several major corrections on its 
path to new all-time highs, analyst Jordi Visser said.

Expect major BTC corrections before new all-time highs: Analyst

Ethereum is undergoing one of the most significant resets in over a year, 
caused by its price breaking below $4,000. This retest has been most visible 
in futures open interest, where billions of dollars in positions have been 
wiped out across major exchanges. This rapid unwinding comes as a correction 
move to weeks of excessive leverage during uptrends that had pushed 
derivatives activity to unsustainable levels. Related Reading: When Will XRP 
Reach $25? Bitcoin Investor Shares A Bold Prediction Massive Open Interest 
Wipeout Across Major Exchanges The most recent Ethereum price correction was a 
broader market reset rather than a mere dip, with leveraged traders facing the 
brunt of the losses. Data shows that Ethereum&#8217;s open interest experienced a 
steep downfall over the just concluded week across multiple crypto exchanges. 
According to data from on-chain analytics platform CryptoQuant, billions worth 
of Ethereum positions were wiped out last week, with Binance leading the 
downturn with the steepest monthly average drop. Ethereum’s slide under the 
$4,000 mark proved to be the breaking point for over-leveraged traders. The 
move unleashed a wave of liquidations across derivatives markets, compounding 
selling pressure. Data shows that more than $3 billion was erased on September 
23 through Binance alone, followed by over $1 billion just a day later. Bybit 
also shed $1.2 billion in positions, while OKX recorded a $580 million 
decline. The sharp reduction is visible in aggregate open interest, which has 
slumped to its lowest level since early 2024. As the chart data shows, futures 
leverage and open interest were closely tied to the price rally in July and 
August, and at the same time, it declined in lockstep with the price. Ethereum 
Open Interest by exchange Spot Ethereum ETF Outflows Add To Market Strain 
Ethereum&#8217;s break below $4,000 and the decline in open interest coincides with 
a week of heavy outflows from spot Ethereum ETFs in the United States. 
According to data from Farside Investors, $795.56 million flowed out over five 
trading days last week, which is the largest weekly exodus since the products 
launched. The sell-off intensified toward the end of the week, with Thursday 
recording $251.2 million in outflows, followed by another $248.4 million on 
Friday. Waning institutinal participation contributed massively to the sell- 
side pressure, with investors showing caution amid uncertainty over whether 
regulators will allow staking features in these ETFs. This synchronized exit 
from both derivatives and institutional products has amplified volatility, 
creating a convergence of pressure across Ethereum’s trading ecosystem. 
Related Reading: XRP Eyeing Explosive Move In Next Few Months, Research Shows 
After dipping as low as $3,845, ETH bulls have managed to hold above $3,800. 
At the time of writing, Ethereum is trading at $4,002. Despite this attempt to 
regain stability, the leading altcoin is still down by about 10% in a weekly 
timeframe, considering it was trading around $4,490 this time last week. The 
bullish scenario now lies in whether ETH can reclaim and sustain a move above 
$4,000. Featured image from Unsplash, chart from TradingView

Cryptocurrency price in PLN