Smart Money Outflow: 14,000 Ethereum Hit the Market As Two Major Holders Exit...
Ethereum is trading below the $3,000 level as selling pressure continues to weigh on the broader crypto market. After weeks of unstable price action, ETH has failed to reclaim key psychological and technical levels, reinforcing a fragile market structure. Related Reading: Ethereum Activity Hits 7-Month Low: Active Addresses Drop 32% From August Peak Sentiment remains […]
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On-chain data shows Ethereum has observed a large exchange outflow recently, a sign that buying may be going on in the market. Ethereum Exchange Supply Hits Lowest In 5.5 Years After $181 Million Outflow According to data from the on-chain analytics firm Santiment, ETH has just witnessed its largest exchange outflow day since August 21st. […]
On-chain data shows massive Ethereum outflows of 60k ETH on spot exchanges. Such deeply negative netflows could be a bullish signal for the coin. Ethereum All Exchanges Netflow Shows Huge Negative Spike As pointed out by a CryptoQuant post, the Ethereum all exchanges netflow showed a negative spike yesterday as 60k ETH exited exchanges. The all exchanges netflow is an indicator that’s defined as the difference between the exchange inflows and the outflows. The “inflow” is the amount of Ethereum moving into exchanges from personal wallets. An increase in this value implies....
Since the announcement from U.S. regulators, BitMEX has witnessed an outflow of more than 40,000 bitcoins, currently worth more than $422 million.
A look at what increasing capital outflow from China suggests about bitcoin adoption, and what implications a Chinese slowdown might have for the bitcoin price going forward. At the end of last month, we learnt that Chinese capital outflows during 2015 totaled $676 billion net. The data marks only the third net capital outflow since the turn of the millennium, and by far the biggest, with the other two coming in at less than $140 million net (2012,2014). The outflow comes against a backdrop of wider economic weakness in China and emerging markets, and quantifiably highlights China’s....
The centralized part of “CeDeFi” did not seem to help, though. Binance announced Wednesday the successful recovery of $344,000 in funds from the attempted exit scam of Wine Swap, a project on the Binance Smart Chain (BNB).Wine Swap was an automated market maker platform similar to Uniswap that launched on Oct. 13. Within an hour of the launch, it had amassed $345,000 in funds, which were promptly pulled from the platform by the creators of Wine Swap.The funds were then spread across several directions in a bid to get them out of Binance Smart Chain. The majority were swapped to the....