Ethereum Exchange Outflows Hit 2-Month High With $1.4 Billion Withdrawn, What This Means

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New reports have shown a large spread Ethereum (ETH) tokens from various crypto exchanges. Online data from IntoTheBlock shows that over $1.4 billion worth of Ethereum has been withdrawn from exchanges. This massive ETH outflow marks one of the largest in recent months, indicating a potential shift in investor behavior.

Ethereum exchanges See Massive Outflows

IntoTheBlock, a crypto analytics platform, reported changed to date +1.4 billion Ethereum move out of crypto exchanges. This mass transfer usually occurs when investors buy digital currency from an exchange and transfer it to their private wallets rather than storing it on the centralized exchange.

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Considering the amount of ETH involved, investors may be expecting hold on to their assets rather than selling them. Data for IntoTheBlock indicates that approximately 74% of ETH investors have been HODLing for more than a year, indicating a widespread trend among investors to keep their assets.

The last time Ethereum exchanges experienced outflows at such a high level was in November 2024. At the time, outflows were at such a high level. Bitcoin (BTC) and Dogecoin (DOGE) It was the best thing on the market, getting a big profit after it Donald Trump's victory in the United States (USA) presidential elections.

In contrast, Ethereum saw less impressive gains, struggling to break through resistance levels to reach new highs. Given Fastest rate online ETH and price fluctuations, it wouldn't be surprising if there were investors decided to sell their holdings to prevent possible losses. However, the reverse appears to be the case, as those investors are holding on to their assets, perhaps banking on a possible price increase in the future.

Confirming massive outflow of ETH from exchanges, CryptoQuant marked a decrease in overall selling pressure in the Ethereum market. The blockchain analytics platform revealed that although inflows and outflows have increased slightly, net flows are still negative.

IntoTheBlock also shows that inflow has increased by 43.07% over the past week, and outflows have increased by a whopping 57.35%. The net flow of major Ethereum holders remains negative, having decreased by 26.35% over the past week and 47.60% in the past 30 days.

Interestingly, there have also been significant flows from Ethereum Spot stock price historyby Wu Blockchain appears that the total outflow of these ETFs has increased to $68.47 million.

The analyst shows a Bearish Ethereum price forecast

More Crypto Online (MCO), a crypto community on X divided gloomy Ethereum price forecast, predicting a direct decline according to the third wave of the Elliott Wave theory. According to the analysis, Ethereum is likely to stay inside current consolidation rate through the weekend as his Wave 2 unfolds.