OKG Research: On the eve of the listing of Ethereum spot ETF, a large amount of funds on the chain net outflow of 5,607 ETH today

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PANews
07-23
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PANews reported on July 23 that according to OKG Research, as of now, for ETH alone, the large amount of funds (each fund is more than 5 million US dollars) flowing into centralized exchanges on the chain today totaled 11,264 ETH, about 39.3 million US dollars; the large amount of funds flowing from centralized exchanges to on-chain wallets totaled 5,657 ETH, about 19.65 million US dollars. The net outflow of large funds was 5,607 ETH, totaling about 19.65 million US dollars.

In addition, looking back at Ethereum's recent performance, its TVL increased by about 3% last week compared to the previous week, public chain fees decreased by about 16%, and public chain revenue decreased by about 29%.

However, the total number of addresses and non-zero addresses on Ethereum ETH increased by 0.2% and 0.3% respectively. In terms of the number of new pledges, last week (July 15 to July 21) increased by about 57% compared with the previous week (July 8 to July 14).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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