Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Rakin343 on May 27, 2021, 12:49:27 AM
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Ethereum outflows from crypto exchanges have resumed to levels seen before last Wednesday’s crash
403k ETH worth $1.132 billion has left crypto exchanges in the last 24 hours
1.2 million ETH worth $3.376 Billion has left crypto exchanges in the last month
Accumulation of ETH continues and could lead to a price increment towards $3k and above
Ethereum investors have resumed their habit of moving ETH out of crypto exchanges and into their personal wallets for utilization in DeFi or cold storage. According to data from Viewbase.com, a total of 403,067 ETH worth $1.132 Billion has left crypto exchanges in the last 24 hours. The screenshot below, courtesy of the tracking website, further demonstrates this outflow of Ethereum. Source (https://cryptonews.net/705814/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)