Ethereum’s Big Heist: $140M Grab & the $3,085 Lifeline 🚨💸

Oh, hello there! The darling of the crypto world, Ethereum (ETH), just pulled off a little heist on its own drama reel. After a week of bullish consolidation (because who doesn’t love a good volatility rollercoaster?), it plummeted thanks to Trump’s new tariff threats. But hey, investors? They’re busy hoarding ETH like it’s the last bag of candy at a party. 🍬💸

Per CoinGlass, our favorite altcoin had a net outflow of 43,990 ETH ($140.6M) from centralized exchanges in 24 hours. Binance alone coughed up 17,780 ETH. Weekly accumulation? A cool 239,200 ETH ($766M). So, long-term investors are clearly rolling their eyes at short-term traders’ panic. 😏

Ethereum’s price peaked at $3,400 last week (looking like a diva in a sequin dress), but now it’s trading at $3,200 after Trump’s “Greenland deal or else” tantrum. Tariffs on Europe? More like tariffs on sanity. 🇪🇺💣

Crypto analyst Ali Martinez dropped a truth bomb: ETH needs to hold above $3,085 to “have a chance of a bullish breakout.” Because, you know, holding above a random number is so thrilling. 🚀

$3,085.

That’s the level Ethereum $ETH needs to hold to have a chance of a bullish breakout.

– Ali Charts (@alicharts) January 19, 2026

Martinez also gushed about Ethereum’s network growth-daily active addresses doubled to 800K in two weeks. And Coinspeaker? They reported a doubling of onchain activity in 30 days. Meanwhile, Ethereum’s weekly transactions hit 2.5M, breaking records. High numbers, low fees ($0.15 average-some swaps even $0.04!). Who knew blockchain could be cheap? 🤯

Ethereum’s 7-day moving average transaction volume nears 2.5 million, an all-time high and nearly double from a year ago. Average Gas fees have fallen to ~$0.15 (historical low), with some swaps as low as $0.04. These changes occurred ~7 weeks after the Fusaka hard fork.

– Wu Blockchain (@WuBlockchain) January 19, 2026

So, while everyone’s obsessed with ETH’s price, the real drama is people using it. Stablecoin transfers, microtransactions, and apps galore-because who wants to just hold crypto when you can do stuff with it? 🛠️✨

Read More

2026-01-19 15:24