Ether climbed to about $2,270 on Nov. 1 Beijing time, up 1.12% over the past 24 hours, while Bitcoin traded near $77,961. The move came after markets had been pressured by the Binance security incident on Oct. 29 UTC. At the same time, U.S. spot Ether exchange-traded funds recorded net outflows of $431.4 million from Oct. 26 to Oct. 30 in Eastern Time. On Oct. 30 alone, the group saw $155.7 million leave, with BlackRock’s ETHA posting the largest single-product outflow at $76.6 million. Separate data from CryptoQuant showed that roughly 43.8 million ETH had been staked on Ethereum’s consensus layer, equal to about 35.9% of circulating supply, with around 814,000 active validators. Analysts are watching the $2,250 level as support and $2,300 as resistance.
Ether rose to about $2,270 on Nov. 1 Beijing time, gaining 1.12% over the past 24 hours, while Bitcoin climbed to about $77,961.
Earlier, the Binance security incident on Oct. 29 UTC had weighed on the market.
U.S. spot Ether ETFs saw $431.4 million in net outflows over five trading days
From Oct. 26 to Oct. 30 in Eastern Time, U.S. spot Ether ETFs recorded net outflows of $431.4 million. On Oct. 30, the products posted $155.7 million in outflows for the day, with BlackRock’s ETHA leading the declines at $76.6 million.
Staking and validator figures
CryptoQuant data showed about 43.8 million ETH staked on Ethereum’s consensus layer, representing roughly 35.9% of circulating supply. Active validators stood at around 814,000.
Levels in focus
Analysts are watching $2,250 as support and $2,300 as resistance.
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