ETH Bounces 10% As Massive Inflows Clash With Insider Selling
The post ETH Bounces 10% As Massive Inflows Clash With Insider Selling appeared on BitcoinEthereumNews.com.
Ethereum gains 5.55 percent to $1,924 after bouncing from $1,742 lows as spot inflows flip positive at $224.27 million, the largest inflow day in months. Vitalik Buterin sells $7 million in ETH while Trump-backed WLFI dumps $5 million in Bitcoin, sparking backlash as insiders appear to be de-risking. Recovery requires reclaiming $2,394, while a close below $1,742 opens downside toward the $1,300 support zone. Ethereum price today trades near $1,924 after rebounding from a session low at $1,742, its lowest level since May 2025. The bounce comes alongside a rare flip to positive spot flows, but insider selling from Vitalik Buterin and Trump-linked WLFI is raising questions about whether smart money believes the bottom is in. Spot Inflows Flip Positive At $224 Million ETH Netflows (Source: Coinglass) Despite the insider selling, Coinglass data shows $224.27 million in spot inflows on February 6, marking a dramatic reversal from the outflows that dominated the past two weeks. This represents one of the largest single-day inflow readings in recent months. The positive flow suggests some buyers view current levels as attractive entry points, even as high-profile figures reduce exposure. When spot flows flip positive during a crash, it can signal that selling exhaustion is approaching. However, the contrast between insider selling and aggregate buying creates mixed signals. Retail or institutional accumulation may be offset by smart money distribution. Daily Chart Tests Critical $1,800 to $2,000 Support Zone ETH Price Dynamics (Source: TradingView) On the daily chart, Ethereum has crashed into the $1,800 to $2,000 support zone highlighted in pink that has contained price since May 2025. This zone represents the final major support before the $1,300 level marked on the chart. Related: XRP Price Prediction: XRP Faces Renewed Downside Risk Despite Sharp Relief Bounce Price trades well below all four major EMAs. The…
Filed under: News - @ February 6, 2026 4:28 pm