Ether holders have spent a hard autumn waiting for proof that the selling is over, and exchange data just gave them one. Tracked exchanges held about 14.5 million ETH on November 2, the lowest level since 2016, according to CryptoQuant data. Sellers usually keep their coins on an exchange. Yet ETH still traded near $2,249 on November 3, which leaves one question over every ethereum price prediction: will thinner supply lift the price back above $2,400?
While forecasts stay split, the same habit of buying early and holding has put more than $11.2 million into Pepeto, a meme coin with a zero fee exchange in the works.
Ethereum Price Prediction: ETH Trades 7% Below Its $2,400 Test
ETH needs a daily close above about $2,400, roughly 7% over its $2,249 price, because its 50 day average sits at $2,405. Buyers defended about $2,214 this week, close to 2% lower, and a close under it points to $2,175.
About 20.5 million ETH has left tracked exchanges since the 2020 peak near 35 million, and Binance alone holds 3.08 million ETH, 37% below its 2025 high. Every coin moved to a private wallet is one less coin ready to sell.
However, moving a $275 billion asset 7% to $2,405 takes about $19 billion of fresh buying. A buyer with a thousand dollars and one with a million both earn the same percentage from here.
What this means is that any ethereum price prediction above $2,400 needs billions of new money. The large holders who acted first are pulling coins into their own wallets, and early money of the same sort has begun buying Pepeto’s presale.
What Are ETH Holders Seeing in Pepeto’s $11.2 million Presale?
They are seeing a coin at the stage ETH itself sat at in 2015, priced before its first exchange listing. Pepeto sells presale tokens at $0.0000001905, and the price climbs with every new stage. Each closed stage leaves the next buyer paying more for the same coins.
Every ETH swap carries a fee, and Uniswap takes 0.30% of each trade. PepetoSwap, the exchange the team is building, charges 0.00%, so a trader pays only network gas. Someone swapping $2,000 twice a week hands Uniswap about $624 a year and PancakeSwap about $520, money that stays in his wallet on PepetoSwap.
That exchange, a bridge and an AI scanner remain in development, and the project has opened testing privately to community members and its big investors.
For ETH, that early stage turned $1,000 into about $11.8 million, since the coin traded at $0.42 on October 21, 2015, and reached $4,953.73 on August 24, 2025. Pepeto also gives traders a reason to return, because every swap that costs them no fee brings them back to a token whose supply is fixed at 420 trillion.
The cofounder created the first Pepe coin, a former Binance specialist is on the developer team, and SolidProof ran both the audit and the KYC, with the Binance listing approaching.
Conclusion
ETH carries real hope after 20.5 million coins left exchanges, yet it still needs about $19 billion just to reach its 50 day average. Pepeto works from a far smaller base, where each new stage lifts the price whatever ETH does next.
So the ethereum price prediction for November turns on one close above $2,400, while Pepeto gives ETH holders the stage their own coin had a decade ago. Its presale took in more than $11.2 million during these fearful weeks, which shows large buyers ran the numbers while prices fell.
ETH at 42 cents in 2015 looked just as uncertain, and holders from that year measure their regret by how little they bought. Early money is moving the same way again, and a buyer who follows it into Pepeto pays the presale price before the Binance listing sets a public one.
Click To Visit Pepeto official Website To Enter The Presale
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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