NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Ethereum Average Daily Outflow Hits 40,000 ETH Amid Rising Buying Pressure – Details

Ash Tiwari
Ash Tiwari
Last Updated: August 13, 2025 11:00 pm
3 mins read
ethereum

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

As Ethereum (ETH) trades within striking distance of its all-time high (ATH), on-chain data shows that the second-largest cryptocurrency by market cap is experiencing mounting buying pressure. The asset is currently priced in the $4,600 range, just 4% shy of its ATH.

Ethereum Net Daily Outflows Hit 40,000

According to a CryptoQuant Quicktake post by contributor burakkesmeci, more than 1.2 million ETH have been withdrawn from crypto exchanges over the past month. The analyst suggested that Ethereum’s uptrend is likely to continue.

Related Reading

ethereum

Ethereum Price Lags Despite All-Time High In Daily Transactions – What’s Next For ETH?

3 months ago

For context, ETH has surged 53.8% in the last month, underscoring strong buying pressure amid rising institutional adoption. The asset has tripled in price from its local low of around $1,500, recorded in April this year.

In their analysis, burakkesmeci highlighted Ethereum’s All Exchanges Netflow metric, which tracks the total ETH inflows and outflows across all cryptocurrency exchanges. Data from 2025 shows that Ethereum’s 30-day Simple Moving Average (SMA30) has plunged deep into negative territory.

ethereum
Source: CryptoQuant

For the uninitiated, the SMA30 is the average value of a dataset – such as Ethereum’s daily net flows – calculated over the most recent 30 days. Each day, the oldest data point drops out and the newest is added, creating a smoother trend line that filters out short-term volatility.

As of August 12, Ethereum’s SMA30 stood at -40,000 ETH, indicating an average daily outflow of that amount over the past month. Such large outflows suggest that investors are moving ETH off exchanges – likely into cold storage – in anticipation of further price gains.

The CryptoQuant contributor also pointed to growing activity in spot ETH exchange-traded funds (ETFs). Data from SoSoValue shows that spot ETH ETFs recorded more than $1.5 billion in inflows during the week ending August 12.

Notably, these ETFs have seen uninterrupted positive weekly inflows since May 16, attracting over $8 billion in nearly three months. The total net assets held in ETH ETFs now stand at $27.6 billion, representing 4.7% of Ethereum’s total market capitalization.

ETH Rally To Remain Intact

Burakkesmeci concluded that as long as ETH’s SMA30 remains in negative territory, its uptrend is likely to continue. They noted that unless the metric flips into positive territory, ETH’s bullish momentum could persist in the short term.

Related Reading

ethereum

Ethereum Rally Not Fueled By Bitcoin Dump, On-Chain Signals Show

3 months ago

Some analysts predict ETH could reach as high as $8,600 if Bitcoin (BTC) surges to $150,000. However, a period of price consolidation is expected after ETH breaks through its current ATH.

Meanwhile, crypto market enthusiast Orbion has advised selling all ETH in October if it reaches between $5,800 and $6,000. At press time, ETH is trading at $4,684, up 6.8% over the past 24 hours.

ethereum
Ethereum trades at $4,684 on the daily chart | Source: ETHUSDT on TradingView.com
Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Tweet123Share196ShareSend
Ash Tiwari
Ash Tiwari

Ash Tiwari

Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand.

Read more

Ash’s approach to DeFi goes beyond surface-level research as he actively participates in decentralized protocols, testing their functionality to gain a deeper understanding of how they operate. From experimenting with staking mechanisms to exploring liquidity mining strategies, he is hands-on in his exploration, which allows him to provide practical, real-world insights that go far beyond theoretical knowledge. This immersive experience has helped him develop a comprehensive grasp of smart contracts, token governance, and the broader implications of decentralized platforms on the future of finance.

In the NFT space, Ash’s interest is driven by the technology’s potential to reshape ownership and creativity in the digital age. He has explored various NFT projects, gaining insights into how these digital assets function within different ecosystems. His focus is on understanding the evolving relationship between creators and communities, as well as the innovative uses of blockchain technology to establish authenticity and provenance in the digital world. Ash’s research in this area often touches on the intersection of culture, technology, and community-driven projects.

A key area of his expertise lies in liquidity mining, where he has engaged with various decentralized platforms to understand how liquidity provision contributes to the functionality and security of DeFi ecosystems. Ash’s hands-on involvement has allowed him to analyze the risks, rewards, and broader implications of liquidity pools, giving him a well-rounded perspective on this integral part of DeFi. His understanding of risk management and protocol design allows him to provide insights into how these systems can be navigated effectively, with an emphasis on both opportunity and caution.

When it comes to communicating these complex topics, Ash’s writing is grounded in clarity and depth. He excels at breaking down intricate blockchain concepts into easily digestible information for a wide audience. Whether explaining the workings of decentralized exchanges or outlining the future potential of blockchain technology, Ash ensures that his content is accessible to both those new to the space and experienced participants looking for deeper insights.

Beyond DeFi and NFTs, Ash explores a wide array of emerging blockchain applications. His research spans areas like cross-chain technologies, decentralized governance, and blockchain’s potential to integrate with traditional finance. He is continuously learning and adapting to the latest developments, ensuring that his insights are both timely and relevant. His interest extends to how these technologies are creating new possibilities for decentralization, transparency, and trust in a variety of industries.

Ash’s commitment to engaging with the crypto space firsthand gives him a unique perspective that goes beyond what can be learned from research alone. His practical involvement allows him to stay ahead of the curve, offering readers and enthusiasts a clear and comprehensive understanding of the rapidly evolving world of blockchain. Whether delving into the technical mechanics of DeFi or exploring the cultural impact of NFTs, Ash’s approach is always rooted in curiosity, research, and a desire to make this technology accessible to all.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto news next fed chair

Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds

Donald Trump has pushed the Federal Reserve back into the center of the crypto macro narrative, telling reporters he “already”...

Jake Simmons 16 hours ago
Kraken

Kraken Achieves $20 Billion Valuation With $200 Million Investment From Citadel

The US-based cryptocurrency exchange Kraken recently secured a substantial $200 million investment from Citadel Securities, a global market maker. This...

Ronaldo Marquez 19 hours ago
Bitcoin

Bitcoin Dips Below $90,000—Yet Altcoins Remain Unscathed: Here’s Why

On Tuesday, the market’s leading cryptocurrency, Bitcoin (BTC), experienced a notable decline, dropping toward the $89,000 mark, its lowest price...

Ronaldo Marquez 21 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Mastercard–Polygon–Mercuryo lancent Credential pour fluidifier les transactions.

Mastercard–Polygon–Mercuryo lancent Credential pour fluidifier les transactions

guillaumev 3 hours ago
Libra

$4M On The Move: Libra Scandal Addresses Make A Surprising Solana Play

Christian Encila 7 hours ago
bitcoin hyper presale

Τελειώνει η διόρθωση του Bitcoin; Η record-breaking Layer-2 ICO του Bitcoin Hyper αγγίζει τα $28 εκατ.

Ιωάννης Ριζόπουλος 10 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後:極度の恐怖相場で下落が続くDOGEは、0.01ドル割れのリスクに直面しているのか?

    ドージコイン...

    12 hours ago
  • リップル 今後:XRP関連ファンドから資金が急減──機関投資家は大きな下落を前に静かに売却しているのか

    リップル...

    12 hours ago
  • ビットコインが底値を探る中で押さえておきたい仮想通貨プレセール

    ...

    13 hours ago
  • ChatGPT đưa ra dự báo giá cho Bitcoin

    ChatGPT đưa ra dự báo giá cho Bitcoin, Solana và...

    13 hours ago
  • Best Meme Coins to Buy

    Meme coin tiềm năng để mua, PEPENODE giá 0.001 USD...

    13 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.