Overview

• ETH fell to roughly $3,800–$3,908 after losing the $4,000 level, its weakest trade since early August.
• Nearly $1 billion in leveraged positions were liquidated this week, including about $490 million on Monday and $413 million on Friday.
• Spot Ethereum funds saw about $547 million in outflows this week after $556 million of inflows a week earlier, suggesting softer demand, according to crypto.news.
• Lookonchain reported a single OTC buyer accumulated 60,333 ETH—about $239 million—over seven days during the downturn.
• Centralized-exchange balances have dropped over 20% since July to roughly 14.8 million ETH, while chart analysis warns of possible downside toward about $3,300 if support breaks.