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Can ETH Price Hold After Wintermute’s $160M Move?

The post Can ETH Price Hold After Wintermute’s $160M Move? appeared first on Coinpedia Fintech News ETH price is flashing a bullish signal, but a $160 million transfer from Wintermute makes the move harder to trust. Ethereum formed a golden cross between its 50-day and 200-day EMA bands, while ETH spiked intraday to $2,665 before trading near $2,580. ETH Price Rally Meets Heavy Exchange Deposits Over three hours, Wintermute deposited 61,847 …
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Key points of the news: Institutional deposit: The creator of the algorithmic market Wintermute mobilized 61,847 ETH (approximately 160.3 million dollars) from its active wallet to Binance and Coinbase on September 11, 2026. Massive liquidations: Derivative records dropped a volume of 758.02 million dollars in forced positions for 24 hours.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Friday, September 11, 2026.
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