Ethereum withdrawal sentiment continued, with a net outflow of 38,700 ETH from CEXs in the past 24 hours.

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On January 16th, according to Coinglass data, centralized exchanges (CEXs) saw a net outflow of 38,700 ETH in the past 24 hours. The top three CEXs with the largest outflows are as follows:

• Bithumb saw a net outflow of 25,300 ETH;

Bybit saw a net outflow of 18,200 ETH.

• Binance saw a net outflow of 8762.69 ETH.

In addition, OKX saw an inflow of 21,800 ETH, ranking first on the inflow list.

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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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