About $1.8 billion of ETH flowed out of exchanges last week, the highest single-week outflow since December 2022
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Odaily reported that according to data from IntoTheBlock, around $1.8 billion worth of was withdrawn from exchanges last week, the highest weekly outflow since December 2022. Although the market sentiment towards the price remains pessimistic, this trend suggests that many holders view the current price level as a strategic buying opportunity.
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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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