Ethereum regained the $3,100 value degree 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 Value 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 spot in digital belongings and a view that ETH carries a better danger than Bitcoin.
One dealer on X stated, “Getting an increasing number of troublesome to see a special consequence for $ETH at the moment. Needed to minimize the lengthy (on ETH) this afternoon. Gained’t be making an attempt anymore.”

90 days ETH Value. Supply: BeInCrypto
Regardless of the transient dip, Ethereum recovered to above $3,100 inside hours, demonstrating notable resilience. Market contributors are carefully monitoring ETF flows for indicators of continued promoting or a reversal, as they may set the tone for ETH’s course round this key assist.
In accordance with Coinalyze information, the Lengthy-Quick Ratio for ETH information over 3.0, signaling sturdy dealer engagement. Latest excessive factors point out durations of elevated exercise, whereas rising Open Curiosity displays rising participation and potential for bullish continuation. Nonetheless, ratio spikes additionally trace at short-term volatility dangers.
Arthur Hayes Liquidates Crypto Holdings
BitMEX co-founder Arthur Hayes started a collection of large-scale crypto gross sales totaling roughly $4.1 million. On-chain analytics platform Lookonchain reported that Hayes bought 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 bought 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 keeping with 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 mirror a defensive rebalancing or profit-taking strategy throughout uncertainty, probably 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 keeping with Lookonchain. The pockets had obtained 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 exhibits early adopters’ ongoing religion in Ethereum’s long-term worth and potential. These actions may improve market provide. The wallets tied to Ethereum’s genesis and pre-mining levels are uncommon and carefully adopted by the crypto group as alerts 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 risky cycles at the moment are shifting belongings, probably for profit-taking, diversification, or new funding methods.
Diverging Knowledgeable Opinions on Ethereum’s Future
Outstanding analysts stay divided about Ethereum’s future. Tom Lee, Chairman of BitMine, communicated sturdy 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% previously 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 an identical trajectory, urging traders to carry via turbulence for the potential of exponential positive factors.
$1,800 appears to be like like an amazing 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 might drop to $1,800. His outlook displays considerations about ETF outflows, danger relative to Bitcoin, and broader market challenges. The disagreement amongst specialists highlights ongoing uncertainty about Ethereum’s near-term strikes.
The stress between long-term optimism and short-term warning displays present sentiment towards Ethereum. Institutional traders present hesitation, however on-chain actions by early contributors and energetic buying and selling counsel a fancy setting. The subsequent few weeks could decide if ETH can keep its assist above $3,100 or if additional declines will check decrease ranges.

