Last week, $1.8 billion worth of ETH flowed out of exchanges, setting a new high since December 2022
News from March 10th, according to data from IntoTheBlock, approximately $1.8 billion of ETH flowed out of exchanges last week, marking the highest weekly outflow since December 2022. Despite ongoing market pessimism about the price of ETH, this trend suggests that many holders view the current price level as a strategic buying opportunity.
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
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.
Trending news
MoreCrypto prices
More
