• Arkham identifies about $415 million in ether withdrawn from wallets linked to Kraken and BitGo on Oct. 17, 2025. Several market analysts describe the flow as “BitMine accumulation.” Coin Edition has not independently verified the wallet owner.
• ETH trades near $3,900. Traders mark $3,850 to $3,800 as first support; a close back above $4,000 to $4,100 signals momentum recovery.
• Tom Lee reiterates a $10,000 to $12,000 year-end 2025 target for ETH on Bankless, contingent on easier liquidity, broader institutional participation, and continued scaling.

Arkham’s trackers surfaced about $415 million in ETH moving off exchange-linked addresses. The flows line up with Kraken and BitGo-associated wallets, pointing to large withdrawals rather than exchange inflows. The pattern fits a day where risk appetite has been thin and inventory has shifted away from order books.

Read The Full Article $415 Million in Exchange Outflows Tighten ETH Liquidity as Traders Defend $3.8K; Price Target $4.1K Today On Coin Edition.

• Arkham identifies about $415 million in ether withdrawn from wallets linked to Kraken and BitGo on Oct. 17, 2025. Several market analysts describe the flow as “BitMine accumulation.” Coin Edition has not independently verified the wallet owner.
• ETH trades near $3,900. Traders mark $3,850 to $3,800 as first support; a close back above $4,000 to $4,100 signals momentum recovery.
• Tom Lee reiterates a $10,000 to $12,000 year-end 2025 target for ETH on Bankless, contingent on easier liquidity, broader institutional participation, and continued scaling.

Arkham’s trackers surfaced about $415 million in ETH moving off exchange-linked addresses. The flows line up with Kraken and BitGo-associated wallets, pointing to large withdrawals rather than exchange inflows. The pattern fits a day where risk appetite has been thin and inventory has shifted away from order books.

Read The Full Article $415 Million in Exchange Outflows Tighten ETH Liquidity as Traders Defend $3.8K; Price Target $4.1K Today On Coin Edition.