Ethereum Faces Worst October Since 2018 Amid Resurgence of Dormant Wallets
Ethereum Faces Worst October Since 2018 Amid Resurgence of Dormant Wallets
Ethereum is losing support from both new and old investors: since the beginning of October, the price has dropped by 13.6%, outflows from U.S. spot ETFs have reached $1.35 billion, and wallets that have been inactive for years have transferred over $140 million into ETH. Approximately $78 million is needed to reach the record of November 2025.