---
title: "Ethereum retraces from $3,900 local top but declining exchange reserves signal more upside"
url: https://diffcoin.com/ethereum-retraces-from-3900-local-top-but-declining-exchange-reserves-signal-more-upside/
description: "Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28. The move marks a minor retracement after a sharp rally…"
published: 2025-07-29
updated: 2025-07-29
author: "Mila"
site: "Diffcoin"
---

# Ethereum retraces from $3,900 local top but declining exchange reserves signal more upside

Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28. The move marks a minor retracement after a sharp rally over the past 30 days, with the token still up 56%. While… 
 
[Source link](https://crypto.news/ethereum-price-retraces-exchange-reserves-bullish-2025/)