Market expert Orbion has advised market participants to sell all their Ethereum holdings by October. He analyzed ETH’s price action to explain why the altcoin could reach its peak by then. Why Investors Should Sell Ethereum In October In an X post, Orbion said that he is still bullish on ETH right now but that the plan is to fully exit by the end of October. He noted that the Bitcoin price has already recorded a 100% gain from the lows this year, showing strong momentum and institutional demand. Meanwhile, Ethereum has broken and held above $4,200, which sets the stage for a final push higher in the coming weeks. Related Reading: Here’s Why The $4,000 Level Is Important For Ethereum From An Options Point Of View Orbion claimed that the setup looks strong now, but every cycle ends the same way, in a fast and brutal manner when the top comes. The market expert stated that his short-term target for Ethereum is in the $5,800 to $6,000 range, if it sustains this momentum. This would represent a 300% gain from the cycle lows. The market expert expects Bitcoin to start showing signs of topping in late September, with Ethereum following shortly after, possibly in October. He predicts that by the end of October, BTC could be in the $55,000 range and ETH back to $1,400, which is why he is advising investors to take profits by October. Orbion remarked that this is not a bearish but simply how post-peak corrections have played out historically. He indicated that investors should start planning their exits from now because the markets don’t give anyone time to react when momentum dies. The expert noted that altcoins can drop about 20% in a single day as liquidity dries up. As such, market participants could end up selling into panic and not strength if they don’t prepare accordingly. Key Metrics To Watch For ETH’s Market Top Orbion stated that key metrics like NUPL, SOPR, and MVRV have efficiently signaled the tops in past cycles. He explained that NUPL at +0.75 shows extreme unrealized profit levels across holders, which the expert claimed is a major warning sign. Furthermore, the SOPR turning negative shows coins are being sold at a loss after euphoria peaks. Related Reading: Analyst Shares Where Bitcoin, Ethereum, And XRP Prices Will Be By 2032 Meanwhile, the expert explained that the MVRV being deep red means that the market value is far above the cost basis, which is unsustainable for an extended period. For now, Orbion is still bullish on Bitcoin, Ethereum, and the broader crypto market because of the Fed rate cut expected to come in September. He claimed this will be a catalyst for crypto and that liquidity injections will fuel the final leg of the rally, although the expert warned it will be fast, lasting only weeks and not months. Therefore, investors have to start planning their exit before then. At the time of writing, the Ethereum price is trading at around $4,310, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Analysts told The Block that investors now recognize Ethereum's value as a cornerstone of mainstream crypto adoption.
Coinbase's supported tokens, staking, and Base chain revenue place it in pole position to leverage surging trading volume, the analysts said.
Ethereum-based funds led the inflows with another $268 million, while Bitcoin investment products rebounded to add $260 million.
The move comes amid rapid accumulation by Ethereum treasury companies and increasing ETF inflows in recent weeks.
The Spot Ethereum ETFs have recorded significant outflows recently, sparking a bearish sentiment for the ETH price. These outflows also come at a time when the altcoin has dropped from a six-month high of $3,900 and looks to retest the psychological $3,000 level. Ethereum ETFs See Record Outflows Putting The ETH Price At Risk SoSo Value data shows that the Ethereum ETFs recorded a net outflow of $465.06 million on August 4, their largest outflow since they launched last year. These funds also recorded a net outflow of $152.26 million on August 1, which was the first net outflow after 20 consecutive days of net inflows. Related Reading: Ethereum Exchange Reserves Just Hit A New 9-Year Low Amid Treasury Accumulations These outflows from the Spot Ethereum ETFs indicate a wave of profit-taking, especially considering that the ETH price had rallied to a six-month high of $3,900 last month. Outflows from these funds are bearish for ETH as they can add selling pressure, with fund issuers selling coins to redeem shares. However, a positive is that these net outflows from the Spot Ethereum ETFs have been short-lived. Further data from SoSo Value shows that these funds recorded net inflows of $73.22 million and $35.12 million on August 5 and 6, respectively. This coincides with the rebound in the ETH price, which hit the $3,700 level in the last 24 hours. Another streak of consecutive net inflows for the Spot Ethereum ETFs could spark another uptrend for the ETH price. Moreover, the Ethereum treasury companies like BitMine, SharpLink, and the Ether Machine continue to create massive demand for ETH as they expand their treasuries. BitMine’s Ethereum holdings topped 833,000 ETH this week, making it the largest ETH treasury in the world. Will the ETH Price Crash Below $3,000? BitMEX co-founder Arthur Hayes has predicted that the ETH price could at least retest the $3,000 level. He highlighted the Trump tariffs, which take effect today, as one of the reasons that he holds this bearish sentiment towards Ethereum. The crypto founder also indicated that there isn’t enough liquidity in the market currently to boost crypto prices. Related Reading: Pundit Says Ethereum Price Is Headed For $9,000 After This Broadening Wedge Retest However, from a technical analysis perspective, crypto analyst Titan of Crypto has predicted that the ETH price is likely to continue its uptrend soon enough and avoid a drop to $3,000. In an X post, he highlighted a Bull Pennant pattern, which puts $5,000 in sight for ETH. The analyst remarked that this pattern is shaping up on Ethereum and that if it confirms, then the technical target stands at $5,000. At the time of writing, the Ethereum price is trading at around $3,680, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The return to net inflows indicate that bitcoin's recent consolidation is attracting buyers at the current price level, one analyst said.
"The NAV multiples (market cap divided by value of ETH held) have now also started to normalize for the ETH treasury companies," said Geoffrey Kendrick.
Spot Ethereum ETFs in the U.S. saw $465.1 million in net outflows on Monday, marking the largest single-day outflows since their launch.
Bitcoin-based funds led the outflows with $404 million, while Ethereum investment products continued their 15-week inflow streak.
Spot Bitcoin ETFs had their second-worst day of all time, and Ethereum funds fared similarly, though BlackRock's funds came out mostly unscathed.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bloomberg ETF Analyst Eric Balchunas also said that OG Bitcoiners may be creating some downward pressure on the cryptocurrency's price.
The previous 19-day streak brought in $1.37 billion, while this 20-day inflow run saw nearly $5.4 billion in total inflows.
The combined ETFs now hold approximately 5.7 million ETH on behalf of their clients — 4.7% of ether's 120.7 million circulating supply.
The SEC is officially weighing whether to allow BlackRock to include staking in its Ethereum exchange-traded fund.
Ahead of the SEC's approvals for spot bitcoin ETFs over a year ago, firms were hashing out technical details over how the redemption process would work.
Bitcoin is holding steady as we approach the end of July, while Ethereum is seeing a surge in speculative interest.
Spot bitcoin ETFs recorded $72 million in net inflows last week, a sharp decline from the inflows of $2.39 billion reported the week before.
The fund saw its holdings jump from $5 billion to $10 billion in just 10 days amid increasing institutional adoption of Ethereum.
US spot Ethereum (ETH) ETFs celebrated their one-year anniversary on July 23, 2025, having accumulated nearly $8.7 billion in net inflows and managing over $16.5 billion in assets. Launched after SEC approval in 2024, nine major ETFs from providers like BlackRock, Fidelity, and Grayscale have sustained consistent investor interest. A recent multi-week inflow streak contributed …
Spot Ethereum exchange-traded funds in the US recorded $533.9 million in net inflows on Tuesday, according to SoSoValue.
21Shares, Fidelity, Franklin Templeton, Galaxy, VanEck, and WisdomTree all submitted their amended proposals Tuesday morning.
Spot bitcoin ETFs saw $130 million worth of net outflows while ether ETFs extended their positive streak with $300 million.
The assets under management (AUM) of spot Ethereum ETFs also made a new all-time high of over $15.5 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The move comes after Ethereum ETF notched their highest daily net inflow on Wednesday, led by $499 million into BlackRock's ETHA.
Institutional demand for Ethereum is surging among Wall Street firms amid the refocusing and restructuring of the Ethereum Foundation.
Analysts say Ethereum's price surge is backed by strong institutional demand, as seen in strong spot ETF flows.