Ethereum saw $320 million flow out of exchanges this week
According to blockchain analysis company IntoTheBlock, there has been a significant outflow of funds from ETH exchanges in recent weeks. This week, Ethereum's outflow of transactions amounted to $320 million, with outflows exceeding $1 billion in the past three weeks. Exchange fund outflows often indicate that investors are moving funds from centralized exchanges to private wallets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Join the BGB holders group—unlock Spring Festival Mystery Boxes to win up to 8888 USDT and merch from Morph
Trading Club Championship (Margin)—Trade to share 58,000 USDT, with up to 3000 USDT per user!
CandyBomb x XAUT: Trade futures to share 5 XAUT!
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 3.5% APR and trade to unlock an additional pool of 188,888 WARD
Trending news
MoreCrypto prices
More
