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On May 21, a total of 81,840 ETH flowed into the exchange, setting a record high since January 23

On May 21, a total of 81,840 ETH flowed into the exchange, setting a record high since January 23

Bitget2024/05/21 23:21

Due to the growing anticipation of approval for exchange-traded funds on the US spot market, Ethereum (ETH) holders are sending assets to cryptocurrency exchanges at the fastest rate in nearly four months. Blockchain data from Nansen Intelligence shows that on May 21st, the net inflow to exchanges reached 81,840 ETH. Calculated at current prices, this is worth approximately $306 million USD - the highest single-day amount since January 23rd.

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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.

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