Ethereum ETF Outflows Meet Whale Accumulation as ETH Slides
Ethereum fell over 14% in a month as US spot ETH ETFs recorded a sixth consecutive weekly outflow while three large wallets accumulated coins.
Ethereum fell over 14% in a month as US spot ETH ETFs recorded a sixth consecutive weekly outflow while three large wallets accumulated coins. Ethereum (ETH) is trading at $2,120.35, down 0.4% since this brief published. This is an original TLT brief based on reporting by BeInCrypto, with live market data added, as of Mon, 09 Nov 2026 06:30:04 UTC.
The divergence puts ETF withdrawals alongside large-wallet buying at a pivotal point in Ethereum’s sell-off, highlighting contrasting demand signals among major market participants.
- Ethereum fell 13.98% over the past month.
- US spot ETH ETFs lost $365.3 million last week.
- Three large wallets reportedly added about 35,350 ETH.
- ETH trades at $2,127.99, down 4.65% over 24 hours.
- Ethereum ETFs See Record $1.61B Outflows in October Amid Price Decline
- Ethereum Whale Makes $63M Purchase Amid Market Uncertainty
- BlackRock's Ethereum Fund Experiences Significant Monthly Outflows
- Vitalik's Devcon Cosplay Highlights Amid Bitmine's Ethereum Accumulation
- Whale Accumulation Meets ETF Outflows as Bitcoin Slips Below $80,000
- Bitcoin Holds Near $76K as Reported Whale Accumulation Meets ETF Outflows
- Ethereum ETF Outflows Meet Whale Accumulation as ETH Slides — this brief
BeInCrypto reports a split between institutional fund flows and large-wallet activity as 
Ethereum weakened. US spot Ethereum exchange-traded funds recorded $365.3 million in outflows last week, marking their sixth consecutive week of net withdrawals. During the same broader downturn, three large wallets reportedly accumulated a combined total of about 35,350 ETH.
The reported whale buying has not prevented further price weakness. Ethereum declined 13.98% over the past month and stood at $2,127.99 in the supplied market data, with the coin down 4.65% over 24 hours and 7.12% over seven days. Its market capitalization was $260.05 billion.
BeInCrypto is the only outlet supplied with coverage of this development, so there is no independent cross-outlet corroboration or conflicting figure to compare. The report also does not identify the three wallets or provide a timeframe for their purchases, leaving the whale accumulation figure separate from the clearly specified six-week ETF outflow streak.
The wider crypto market context was also negative. Total market capitalization stood at $2.55 trillion, 
Bitcoin fell 1.71% over 24 hours, and the Fear & Greed Index registered 29, placing it in the Fear range. Ethereum’s steeper one-week decline therefore occurred against a broadly declining market rather than an isolated move.
The development illustrates opposing demand signals: continued redemptions from US spot ETH ETFs and accumulation by a small number of large wallets. Whether those purchases can offset fund outflows, alongside the next ETF flow reading and Ethereum’s recent price levels, is the clearest issue to monitor. The available figures describe current positioning rather than establish a future price direction.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,127.99 to $2,120.35 — -0.36%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₦2.92M (about $2,120.35), down 5.0% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ethereum ETF Outflows Meet Whale Accumulation as ETH Slides — questions & answers
How much did US spot Ethereum ETFs lose last week?
The funds recorded $365.3 million in outflows, their sixth consecutive week of net withdrawals.
How much Ethereum did the large wallets reportedly buy?
Three large wallets added a combined total of about 35,350 ETH, according to BeInCrypto.
How is Ethereum performing in the supplied market data?
ETH trades at $2,127.99, down 4.65% over 24 hours and 7.12% over seven days.
How much is 1 Ethereum worth in naira today?
About ₦2.92M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,120.35. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.36% since this brief first published — trading at $2,120.35 now versus $2,127.99 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.