Ethereum Sees $418.8M Net Sell Pressure Despite $73M ETF Inflows

Key Points:

• Ethereum’s net taker volume dropped by $418.8M as whales offloaded 18,963 ETH.
• ETH ETFs saw $73.3M in inflows, showing renewed institutional interest.
• Price held support near $3,600 as traders anticipate a move toward $4,000.

Ethereum recorded a significant daily net taker volume of -$418.8 million, indicating major selling pressure from aggressive sellers. 

According to CryptoQuant data, takers sold 115.4K more ETH than buyers were willing to absorb on the same day. This sharp imbalance triggered concerns over short-term market weakness.

Blockchain tracker Lookonchain reported that two whale wallets recently deposited large ETH amounts to exchanges. One address sent 13,459 ETH worth $49 million to Binance, while another moved 5,504 ETH worth $19.8 million to OKX. Combined, these deposits total nearly $69 million in ETH offloaded in under 24 hours.

Despite this, the token is not seeing full capitulation as buyers continue stepping in on dips. While the whale moves suggest caution, broader metrics reveal underlying resilience.

ETF Inflows and Support Levels Reflect Market Confidence

In contrast to whale exits, ETH exchange-traded funds recorded $73.3 million in net inflows on August 5, 2025, per data shared by Ted on X. He attributed recent outflows to retail investor fear but noted institutional sentiment remains strong. 

The combined inflows indicate renewed confidence and accumulation at lower price zones.

At the same time, Ethereum’s price traded around $3,612, showing only a modest 0.34% daily decline, according to CoinMarketCap. The market cap stood at $436.08 billion, while 24-hour volume totaled $29.88 billion. 

ETH price remained relatively stable despite volatility, fluctuating between $3,550 and $3,675 during the session.

Analyst TedPillows stated that ETH is showing stronger momentum than BTC and highlighted ongoing support near $3,600. 

The Supertrend chart indicates buyers are defending dips, and $4,000 may soon be retested if momentum holds. The current trend shows ETH holding support zones, despite broader market fluctuations.