Ethereum Bullish Signal: 1.2 Million ETH Exited Exchanges Recently
Ethereum on-chain data shows more than 1.2 million ETH has exited exchanges over the past two weeks, a sign that could be bullish for the price of the crypto. Ethereum Exchange Reserve Has Observed Significant Decline In The Last Couple Of Weeks As pointed out by an analyst in a CryptoQuant post, the ETH exchange reserve has lost over 5% in value in just the last fourteen days. The “all exchanges reserve” is an indicator that measures the total amount of Ethereum present in wallets of all centralized exchanges. When the value of this metric goes down, it means investors are....
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On-chain data shows Bitcoin netflows have observed a sharp negative spike recently, a sign that could be bullish for the crypto. Bitcoin Netflows Show 13.7k BTC Exited Exchanges In A Single Day As pointed out by an analyst in a CryptoQuant post, the BTC netflow has observed a sharp negative value recently. The “all exchanges […]
On-chain data shows exchanges observed Ethereum outflows of over 100k ETH yesterday. Here’s what it may mean for the coin’s price. More than 100,000 Ethereum Exited Exchanges Yesterday As explained by an analyst in a CryptoQuant post, the netflows showed a large negative spike yesterday as more than 100k ETH exited exchange wallets. The “netflow” is an indicator that reveals the net movement of coins moving out of or into exchange wallets. Its value is calculated by taking the difference between the inflows and the outflows. When the metric has positive values, it....
$9 billion in Ethereum was withdrawn from exchanges within the past three days, suggesting that whales might be accumulating. A Massive 2.2M ETH Exited Exchanges In The Last Three Days Alone As pointed out by a CryptoQuant post, on-chain data shows around $9 billion in Ethereum was taken off exchanges in the past few days. The indicator of relevance here is the “exchange reserve,” which measures the total amount of ETH present in exchange wallets. When this metric’s value goes down, it means investors are withdrawing their Ethereum from exchanges. Such a trend may be a....
On-chain data shows exchanges have recently observed a large amount of Ethereum exit their wallets, a sign that could be bullish for ETH’s value. Ethereum Exchange Reserve Has Seen A Plunge Recently As explained by analyst Ali Martinez in a new post on X, the ETH investors have made net outflows from exchanges recently. The on-chain indicator of relevance here is the “Exchange Reserve,” which keeps track of the total amount of Ethereum sitting on the wallets associated with all centralized exchanges. When the value of this metric goes up, investors will make net inflows....
Data shows Ethereum has recently observed its highest exchange net outflows in around two years, something that can be bullish for the ETH price. Ethereum Exchange Flow Balance Has Seen A Deep Red Spike Recently According to data from the on-chain analytics firm Santiment, investors have been withdrawing ETH from exchanges recently. The indicator of […]