Ethereum regained the $3,100 value stage after briefly dipping beneath for over 4 hours on Monday morning. The rebound got here throughout heightened exercise from a decade-old pockets and main liquidations by notable market figures.
The current volatility underscores two contrasting market forces: long-term holders reemerging and influential gamers trimming publicity.
ETH Worth Motion and Market Sentiment
Ether dropped beneath $3,100 for the primary time since November 4, 2025, buying and selling at $3,066 at 9:36 PM UTC on November 16, down 3.4% over 24 hours. This decline mirrored broader weak point in digital belongings and a view that ETH carries a better threat than Bitcoin.
One dealer on X mentioned, “Getting an increasing number of tough to see a unique end result for $ETH presently. Needed to reduce the lengthy (on ETH) this afternoon. Received’t be attempting anymore.”

90 days ETH Worth. Supply: BeInCrypto
Regardless of the temporary dip, Ethereum recovered to above $3,100 inside hours, demonstrating notable resilience. Market individuals are intently monitoring ETF flows for indicators of continued promoting or a reversal, as they may set the tone for ETH’s course round this key help.
Based on Coinalyze information, the Lengthy-Quick Ratio for ETH data over 3.0, signaling robust dealer engagement. Latest excessive factors point out intervals of elevated exercise, whereas rising Open Curiosity displays rising participation and potential for bullish continuation. However, ratio spikes additionally trace at short-term volatility dangers.
Arthur Hayes Liquidates Crypto Holdings
BitMEX co-founder Arthur Hayes started a sequence of large-scale crypto gross sales totaling roughly $4.1 million. On-chain analytics platform Lookonchain reported that Hayes offered 520 ETH, valued at $1.66 million, 2.62 million ENA, valued at $733,000, and 132,730 ETHFI, valued at $124,000, on Sunday.

Arthur Hayes’ on-chain transaction exercise – Lookonchain
Hours later, Hayes expanded the liquidation: he offered one other 260 ETH price $820,000, 2.4 million ENA valued at $651,000, 640,000 LDO price $480,000, 1,630 AAVE valued at $289,000, and 28,670 UNI price $209,000, in response to one other Lookonchain put up. These belongings had been despatched to institutional desks—together with Flowdesk, FalconX, and Cumberland—that generally deal with high-volume liquidations.

Arthur Hayes’ continued asset gross sales – Lookonchain
These gross sales occurred as Ethereum retreated to $3,100 and Bitcoin slid to $94,000. Hayes’ actions could replicate a defensive rebalancing or profit-taking method throughout uncertainty, presumably including promoting stress on ETH and associated belongings.
Dormant Ethereum Pockets Reawakens After a Decade
In a uncommon transfer, a dormant Ethereum ICO pockets transferred 200 ETH price $626,000 after over 10 years, in response to Lookonchain. The pockets had acquired 1,000 ETH throughout Ethereum’s genesis for a $310 funding—now a ten,097x return at present costs.

Ethereum ICO pockets awakens after 10 years – Lookonchain
Such exercise is critical as a result of it reveals early adopters’ ongoing religion in Ethereum’s long-term worth and potential. These actions may enhance market provide. The wallets tied to Ethereum’s genesis and pre-mining levels are uncommon and intently adopted by the crypto neighborhood as indicators of whale exercise and shifts in sentiment.
The reactivation of a decade-old pockets illustrates the maturation of the Ethereum ecosystem. Early traders who held via a number of bear markets and unstable cycles at the moment are transferring belongings, presumably for profit-taking, diversification, or new funding methods.
Diverging Professional Opinions on Ethereum’s Future
Distinguished analysts stay divided about Ethereum’s future. Tom Lee, Chairman of BitMine, communicated robust bullish sentiment, evaluating Ethereum to Bitcoin’s earlier supercycles. In a current assertion, Lee identified that Bitcoin endured six declines of over 50% and three of over 75% up to now 8.5 years, but rose 100-fold by 2025.
Lee emphasised that navigating volatility and uncertainty is required to revenue from supercycles. He argued that Ethereum is now following the same trajectory, urging traders to carry via turbulence for the potential of exponential features.
$1,800 appears like a terrific spot to purchase Ethereum $ETH! pic.twitter.com/sDZiga5XQy
— Ali (@ali_charts) November 16, 2025
Conversely, analyst Ali Martinez supplied a cautious view, suggesting ETH may drop to $1,800. His outlook displays issues about ETF outflows, threat relative to Bitcoin, and broader market challenges. The disagreement amongst specialists highlights ongoing uncertainty about Ethereum’s near-term strikes.
The strain between long-term optimism and short-term warning displays present sentiment towards Ethereum. Institutional traders present hesitation, however on-chain actions by early individuals and lively buying and selling recommend a posh atmosphere. The subsequent few weeks could decide if ETH can keep its help above $3,100 or if additional declines will check decrease ranges.

