Bitmine Immersion Tech acquired 110,288 ETH for approximately $384 million, raising its total holdings to 3.5 million tokens valued at $12.21 billion. Ethereum's supply on centralized exchanges fell below 10% for the first time, dropping beneath Bitcoin's 11% exchange balance. The ETH/BTC pair continues to face rejection at long-term resistance extending from 2021, while weekly momentum indicators have turned bearish.

Dogecoin is trading near $0.18 after a 27% decline from its November high. On October 31, long-term wallets recorded net outflows of 22 million DOGE versus 8.2 million inflows, representing a 36% behavioral shift, according to Glassnode data. Technical indicators show a death cross formation after the 50-day EMA crossed below the 200-day EMA in late October.