ETHETFsApproved

According to Odaily, Sui Chung, the CEO of CF Benchmarks, has stated in an interview that all regulatory precedents indicate that ETH tokens should be classified as a 'commodity'. This statement comes amidst ongoing discussions about the nature and classification of various cryptocurrencies. Chung's assertion adds to the growing consensus among industry leaders about the status of ETH tokens. His comments are based on existing regulatory precedents, suggesting that the classification of ETH tokens as commodities is not a new concept, but rather a widely accepted view within the industry. However, it is important to note that the classification of cryptocurrencies can vary depending on the jurisdiction and the specific regulatory body involved. Therefore, while Chung's comments provide insight into one perspective, they do not necessarily represent a universally accepted viewpoint. This news highlights the ongoing debate about the nature of cryptocurrencies and their place within the global financial system. As the industry continues to evolve, the classification and regulation of cryptocurrencies like ETH will likely remain a topic of discussion.

Ethereum is undergoing one of the most significant resets in over a year, caused by its price breaking below $4,000. This retest has been most visible in futures open interest, where billions of dollars in positions have been wiped out across major exchanges. This rapid unwinding comes as a correction move to weeks of excessive leverage during uptrends that had pushed derivatives activity to unsustainable levels.

Massive Open Interest Wipeout Across Major Exchanges
The most recent Ethereum price correction was a broader market reset rather than a mere dip, with leveraged traders facing the brunt of the losses. Data shows that Ethereum’s open interest experienced a steep downfall over the just concluded week across multiple crypto exchanges. According to data from on-chain analytics platform CryptoQuant, billions worth of Ethereum positions were wiped out last week, with Binance leading the downturn with the steepest monthly average drop. 
Ethereum’s slide under the $4,000 mark proved to be the breaking point for over-leveraged traders. The move unleashed a wave of liquidations across derivatives markets, compounding selling pressure. 
Data shows that more than $3 billion was erased on September 23 through Binance alone, followed by over $1 billion just a day later. Bybit also shed $1.2 billion in positions, while OKX recorded a $580 million decline. The sharp reduction is visible in aggregate open interest, which has slumped to its lowest level since early 2024. 
As the chart data shows, futures leverage and open interest were closely tied to the price rally in July and August, and at the same time, it declined in lockstep with the price. 

Spot Ethereum ETF Outflows Add To Market Strain
Ethereum’s break below $4,000 and the decline in open interest coincides with a week of heavy outflows from spot Ethereum ETFs in the United States. According to data from Farside Investors, $795.56 million flowed out over five trading days last week, which is the largest weekly exodus since the products launched. 

The sell-off intensified toward the end of the week, with Thursday recording $251.2 million in outflows, followed by another $248.4 million on Friday. Waning institutinal participation contributed massively to the sell-side pressure, with investors showing caution amid uncertainty over whether regulators will allow staking features in these ETFs. This synchronized exit from both derivatives and institutional products has amplified volatility, creating a convergence of pressure across Ethereum’s trading ecosystem.

After dipping as low as $3,845, ETH bulls have managed to hold above $3,800. At the time of writing, Ethereum is trading at $4,002. Despite this attempt to regain stability, the leading altcoin is still down by about 10% in a weekly timeframe, considering it was trading around $4,490 this time last week. The bullish scenario now lies in whether ETH can reclaim and sustain a move above $4,000.
$ETH #ETHETFsApproved

🚨 $ETH : The Fuse Is Lit—$3B in Shorts Could Go Boom
🔥ALERT: Ethereum is dancing on a fault line. With short positions stacked like dominoes, it only takes a 5.4% move to trigger a $3 billion liquidation quake. This isn’t just a rally—it’s a pressure cooker ready to blow.
ETH
4,036.2
+0.97%
When shorts get squeezed, they don’t just exit—they detonate. Forced buybacks fuel vertical momentum, and $ETH could lead the charge into a full-blown altcoin eruption.

🎯 Entry Zones:
•Spot buyers: $2,420–$2,460 for strategic accumulation
•Leverage traders: $2,480+ for breakout confirmation
This setup isn’t textbook—it’s cinematic. Thnk flash rallies, panic buys, and a chart that rewrites itself in real time. If you blink, you’ll miss it.
Stay focused. Stay fast. $ETH isn’t knocking—it’s kicking the door in. 🚪💥
#ETHETFsApproved #Binance #FedOfficialsSpeak $ETH

Adding weight to this outlook, a key report by CryptoQuant highlights that Ethereum supply on spot exchanges continues to decline. This trend often signals that investors are withdrawing ETH to self-custody or staking, reducing available sell-side liquidity on exchanges. Historically, such declines in exchange reserves have paved the way for rallies, as demand eventually absorbs the reduced supply.eport by CryptoQuant highlights that Ethereum supply on spot exchanges continues to decline. This trend often signals that investors are withdrawing ETH to self-custody or staking, reducing available sell-side liquidity on exchanges. Historically, such declines in exchange reserves have paved the way for rallies, as demand eventually absorbs the reduced supply.
However, while the data is supportive, analysts caution that the real catalyst remains demand. Without strong inflows of new buyers, supply-side reductions alone may not be enough to push ETH significantly higher. The coming days will therefore be critical, with Ethereum’s ability to hold above $4,000 serving as a key indicator of whether the next leg of the rally is ready to unfold.
Ethereum Outflows Point to Long-Term Bullish Setup
According to the CryptoQuant report, recent Ethereum outflows from spot exchanges are largely tied to new buys, where investors purchase ETH and immediately move it into self-custody or staking. This behavior reduces sell-side liquidity and, over time, can create the foundation for price appreciation.

Looking at past cycles, clear patterns emerge:
Network Congestion & UNI Airdrops: During this phase, high gas fees and strong macro tailwinds fueled demand. Outflows accelerated, leading to a robust bull run as liquidity tightened.
Late Bear Phase & FTX Collapse: At the peak of quantitative tightening (QT), the FTX crisis sparked a bank run, with older coins leaving exchanges. Despite fear, improving macro conditions soon restored demand, driving ETH higher.
We see the same trend today: reserves are falling, yet prices remain flat as selling offsets new buying. Historically, once demand strengthens, these periods lead to rallies.
Importantly, this is not a supply shock in the strict financial sense. Instead, it reflects reduced exchange reserves and lower sell-side pressure. The question is whether demand will accelerate. If rate cuts, slower QT, and rising global liquidity continue, ETH could be primed for a strong long-term move.
In the meantime, price volatility is expected. If ETH dips below the accumulating whales’ realized price, it may offer a buying opportunity, just as it has in past cycles. This dynamic shows investor trust in Ethereum and reinforces the view that falling reserves prepare the ground for the next rally.

Price Action Details: Relief Rally Or Recovery?
Ethereum (ETH) is attempting to stabilize after its sharp drop below the $4,000 level, with the latest chart showing a modest recovery to around $4,131. The bounce comes after ETH briefly tested lows near $3,900, suggesting that buyers are stepping in to defend this critical support area.

On the 8-hour chart, ETH has reclaimed the 200-day EMA (red line), which is now acting as a short-term pivot point. However, the 50-day (blue) and 100-day (green) moving averages remain above the current price, creating overhead resistance between $4,250 and $4,400. A clean break and consolidation above these levels will be necessary for bulls to regain momentum and target higher ranges toward $4,600.
For now, ETH’s structure is fragile. The recent rejection from $4,600 and the subsequent breakdown highlight the intensity of selling pressure. Still, the rebound from sub-$4,000 levels signals that demand remains strong, particularly from accumulation wallets and whales, which have been absorbing supply.
If ETH holds above $4,000 and pushes through $4,250, the market could enter a recovery phase. Conversely, failure to maintain this rebound may expose ETH to a retest of $3,800 or even lower support zones. The coming sessions will be critical in defining ETH’s short-term trend.

$ETH #ETHETFsApproved #Ethereum

Last week, Ethereum (ETH) prices fell below $4,000 amidst a general crypto market onslaught marked by heavy liquidations. However, the prominent altcoin soon made a quick bounce off the $3,800 price region and has since slipped into consolidation. Notably, popular crypto analyst Lark Davis is tipping Ethereum to make a euphoric market rebound with a potential all-time high on the cards.

Ethereum RSI Flashes Bullish Signal After Fall Into Deep Oversold Zone
The Relative Strength Index (RSI) is a technical analysis indicator that measures the speed and magnitude of price movements. It is generally used to identify when an asset is overbought, i.e., an overheated market, or oversold, i.e., potentially undervalued and could attract heavy accumulation activity. According to Lark Davis, Ethereum’s price has crashed by over 20% in the past two weeks. Notably, this price loss has pushed the asset’s RSI into its most oversold zone since April lows. When this previously occurred, Ethereum popularly surged by 134% in the following two months.

The altcoin now finds itself in a similar situation, with its RSI touching around 39.95. With expectations that the crypto market will turn bullish in Q4, Davis explains that this rare RSI signal could trigger a parabolic Ethereum price surge. In a separate post, fellow market expert Michaël van de Poppe shared some insights into this market behavior, highlighting that September has been a historically bad month for Ethereum, alongside the general market. However, market data also shows that Q4 and Q1 are traditionally bullish.
If Ethereum maintains this behaviour, Lark Davis is postulating the altcoin will experience a possible rally to $7,000-$8,000, indicating a potential 100% price gain from current market levels.

Ethereum Price Overview
At the time of writing, Ethereum is trading at $4,006, reflecting price losses of 0.32% and 10.7% in the past one and seven days, respectively. Meanwhile, the asset’s trading volume has crashed by 57.49% and is now valued at $21.66 billion. Looking to the next month, Ethereum is likely to maintain its current rebound as Q4 begins.
Interestingly, the altcoin has recorded an average monthly return of 6.94% and a median monthly return of 1.94% in October, indicating strong potential for market growth. However, Lark Davis has identified an important support level around the $3,800-$3,900. The analyst warns that Ethereum bulls must maintain this price floor to preserve their current bullish structure.
Meanwhile, with a market cap of $483.26 billion, Ethereum continues to rank as the second-largest cryptocurrency.

#ETHETFsApproved $ETH

🚨 XRP Could Disappear From Exchanges Overnight — Here’s What You Need to Know! 🚨*
Alright, fam, buckle up —XRP is stirring up some serious buzz. Trading at 2.78 and down slightly today, but don’t get fooled by the dip. We might be just at the start of a *massive bull run*. Liquidity is pumping hard, but here’s the catch: most investors will miss the signs. If you prep now, you could be in for gains that change your life. 💰
*Why’sXRP So Hot Right Now?*
A 10x price jump isn’t just a dream — the numbers actually back it up. But before we dive into those, look at this: tech and software investment are powering U.S. GDP growth, kinda like the late ‘90s dot-com bubble days. Back then, crazy spending led to a big crash — and guess what? Crypto’s showing those same vibes.
If you jump in too early or too late, you could get wrecked. During the dot-com crash, 80% lost money, and in crypto’s last big boom, 95% of retail traders ended up in the red. Don’t be one of them! ⚠️
*The Supply Shock That Blew XRP Up*
November was wild. Daily trading volume exploded to51B, shooting XRP from0.47 to 3.45 in no time. Exchanges ran dry of XRP, forcing buyers to push prices up. Now, we’re gearing up for another shock:
- Mild shock (10–15B daily volume) = +10–20% price move
- Big shock (15–25B) = +20–50
- Extreme shock (25–50B+) = possible 8–10x surge 🚀
*Why This Cycle Feels Different*
This time, the tailwinds are stronger:
Central banks are cutting rates and pumping liquidity in.
Tech giants are throwing money at innovation, syncing crypto with tech growth.
Institutional players like BlackRock and VanEck are jumping in with ETFs, real-world assets, and partnerships.
So, don’t sleep on $XRP . Get ready, stay sharp, and maybe this ride could change everything.
What’s your take? Ready to ride the wave or waiting on t
he sidelines? 🤔
$XRP
$ETH
#Xrp🔥🔥 #ETHETFsApproved #XRPRealityCheck #ETHETFS