Ethereum’s Post-Holiday Signal: A Billion-Dollar Waltz

by

According to Sentora (the rebranded IntoTheBlock, darling), the second-largest cryptocurrency by market capitalization, Ethereum (ETH), has been tossing back colossal outflows this week with the flair of a curtain call at a nightclub.

Sentora reports that Ethereum saw a staggering -$1.06 billion in net outflows this week. This, dear reader, is one of the most dramatic accumulation signals in recent months, as if the market is sending a postcard from the dressing room to its own future-no spoilers, darling, just suspense. 💃✨

According to Sentora, the massive surge in Ethereum outflows, coupled with a 120% spike in the validator entry queue and record address growth, might suggest that the “post-holiday” period is being commandeered by major players to lock up ETH for staking and long-term positioning. Think of it as the aristocracy staking their claim to the wine cellar for the year ahead.

Ethereum saw a staggering -$1.06 billion in net outflows this week.

This is one of the strongest accumulation signals in recent months. Combined with the 120% spike in the validator entry queue and record address growth, this data suggests that the “post-holiday” period is…

– Sentora (previously IntoTheBlock) (@SentoraHQ) January 9, 2026

In a recent bit of theatre, SharpLink Gaming has deployed $170 million worth of Ethereum into a yield strategy on Consensys’s Linea as part of a multiyear treasury program. Meanwhile, Ethereum treasury company Bitmine has now staked over 800,000 ETH, darling, because why not?

Ethereum flashes crucial market signal

Ethereum has spent years consolidating within a broad range, and the recent market outflows remain a biting reminder for its price action-like a chorus whispering beneath the orchestra pit.

ETF flows, derivatives positioning and volumes suggest less selling, with something significant brewing beneath the surface-perhaps a plot twist, or at least a well-timed hustle in the wings.

Ethereum rallied at the start of 2026, surpassing the daily MA 50 at $3,022, which had been the bar that kept its price in check since early October. The rise reached a high of $3,307 on Jan. 6, where it encountered resistance that could have been written for a farce or a drama, depending on your mood.

At press time, ETH was trading down 0.21% in the last 24 hours to $3,027 and up 0.28% weekly. The second-largest cryptocurrency is currently testing support at $3,000 near the daily MA 50, with the market now watching to see if it will convert this level (previously resistance) into support. Ooh, the suspense!

In positive news, Ethereum has increased its data capacity per block, raising the blob target to 14 and the maximum blob limit to 21. The update aims to stabilize rollup fees and ensure smoother transactions as rollup activity grows-because nothing says “party” like efficiency, darling. 🚀

Read More

2026-01-09 20:21