Ethereum price below? $ 1.8B on ETH leaves exchanging, largest flowing since 2022
The native token of Ethereum, Ether (Et).
Ethereum 1-day chart. Source: Cointelegraph/TradingView
In the past 83 days, it refused 51%, which translates to an average day -to -day loss of approximately 0.61%. If the losses are combined day -day, the rate increases by about 0.84%.
Ethereum Exchange Outflows hits 27-month high
According to Intoteblock, a crypto analytics platform, Ethereum witnessed significant flows worth $ 1.8 billion last week. This is the highest weekly flow since December 2022, and in an X post, the platform added,
“Despite continued pessimism around Ether prices, this trend suggests many holders seeing the current levels as a strategic purchase opportunity.”
The Ethereum net flows in the combined -with the exchange. Source: x.com
Fellow onchain data provider cryptoquant Paints a similar picture. The 30-day simple transfer of the Average of the Ethereum Netflows dropped to nearly 30,000 ETHs last week, last recorded until the end of December 2022.
Exchange Exchange Total Netflows. Source: cryptoquant
Also, the MVRV ratio of Ethereum (market value to the realized) Fall At 0.8 for the first time since October 18, 2023, as observed on the chart.
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The MVRV ratio is a scale that calculates the price of the ETH market to the average price where all ETH in circulation is last moved.
ETHEREUM MVRV RATIO. Source: cryptoquant
A MVRV ratio below 1 indicates undervaluation, which has signed a potential purchase opportunity. For the context, when the MVRV ratio dropped to 0.8 on October 18, 2023, Ether registered a local bottom near $ 1,600, followed by a bullish reversal and the beginning of the 2024 Bull Run.
Is Ethereum below?
The ether price is currently combined -with the psychological level of $ 2,000, following a stable correction since the beginning of 2025.
In connection with this action of this intraday, Mikybull, a technical analyst, Points Ethereum “shows a bullish reversal” with a diamond price pattern.
Ethereum 4 -hour review by Mikebull. Source: x.com
A diamond pattern after a downtrend suggests a potential bullish backbone. Based on this measured target pattern, Ether can bounce nearly 20% to $ 2,600 from its current price.
Ethereum weekly chart. Source: Cointelegraph/TradingView
On the Flip side, Ether’s weekly chart closed below the 200-day EMA level for the first time since October 2023. Since 2020, ETH price has remained under this indicator of less than 15% of the time. In the past, Ether was doing it next week every time it came down below this course in 2023.
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However, a prolonged period under this line can extend the target price of ETH. Thus, it will be critical for Ethereum to restore above this trend to confirm the bottom in the next few days or weeks.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
