Ethereum ETH outflows from exchanges at record-breaking pace amid unexpected price surge crypto ethereum eth ethmerge
First of all, we need to look at Ethereum's net inflows on the exchange. According to the metric, the historical low of minus $97 million was reached today. At the same time, the previous record of minus $65 million managed to last only a couple of hours of one day, after which it was
. At the same time, the weekly outflow of altcoins from exchanges renewed its 13-month high. A total of 29,823 ETH were withdrawn during the week, according to Glassnode.of the aggregate balance of Ethereum on exchanges, which also updated the four-year low. At the moment, the amount of coins on exchanges is calculated to be valued at 19.1 million ETH.Ethereum outflows from exchanges are accompanied by a renewal of monthly highs in the number of wallets in profit; such addresses are now at 46.
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