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
Announcement on Bitget listing AAPL, GOOGL, AMZN, META, MCD RWA Index perpetual futures
Bitget Trading Club Championship (Phase 6)—Grab a share of 80,000 BGB, up to 800 BGB per user!
SOMIUSDT now launched for pre-market futures trading
Fiat 48H Flash Deal: Buy crypto with 0 fees via credit/debit card!
Trending news
MoreCrypto prices
More
