About 169,770 ETH left centralized exchanges in a single day, according to Santiment, worth roughly $407 million at the $2,400 reference price. U.S. spot Ethereum ETFs recorded more than $1 billion in net outflows from October 1 through October 22, followed by a preliminary $4 million inflow on October 23. Santiment identifies $2,500 as the level that would strengthen the bottoming case and about $2,330 as the level that would weaken it. In addition, 27% of major altcoins have outperformed Bitcoin over seven days, while 60% have done so over 90 days, below the 75% threshold used to define an altcoin season.
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