Ethereum

Bitcoin

Toncoin

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 An on-chain analyst and trader says crypto exchanges have been witnessing massive Ethereum outflows since the listing approval of spot ETH exchange-traded funds. 
 Ali Martinez tells his 63,500 followers on the social media platform X that market participants have taken out 777,000 ETH worth $3 billion from crypto exchanges since the U.S. Securities and Exchange Commission (SEC) green-lighted spot ETH ETFs last month. 
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 At time of writing, Ethereum is trading at $3,776, a fractional decrease in the past day. 
 Turning to fellow layer-1 protocol Toncoin (TON), the analyst says deep-pocketed investors have been busy moving the altcoin. 
 “The number of large Toncoin transactions (over $100,000) has surged by 237.5% in 24 hours! 
 This significant increase in TON whale activity suggests a strategic shift in their investments and positions.”&nbsp; 
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 <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GPJlbdjXwAEeM4J?format=jpg&amp;name=large" alt="Image" width="1268" height="1008">
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 Source: Ali Martinez/X
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 At time of writing, TON is trading at $6.81, down 1.24% in the last 24 hours. 
 Looking at Bitcoin (BTC), Martinez says the crypto king may print a new all-time high if it manages to trade above its diagonal resistance. 
 “Bitcoin appears to be breaking out from a symmetrical triangle! A sustained close above the $69,330 resistance level could send BTC to $74,400.”&nbsp; 
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 <img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GPItJ5yWgAIUfBJ?format=jpg&amp;name=medium" alt="Image" width="1146" height="965">
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 Source: Ali Martinez/X
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 At time of writing, Bitcoin is worth $68,938, up 1.56% in the past day. 
 
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Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/3-000-000-000-in-ethereum-has-left-crypto-exchanges-since-sec-approved-listing-of-eth-etfs-says-analyst-tbt91258.html">https://thebittimes.com/3-000-000-000-in-ethereum-has-left-crypto-exchanges-since-sec-approved-listing-of-eth-etfs-says-analyst-tbt91258.html</a>

$3,000,000,000 in Ethereum Has Left Crypto Exchanges Since SEC Approved Listing of ETH ETFs, Says Analyst

TheBitTimes

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