CRYPTOCURRENCY: On-chain data revealed $1.8 billion worth of Ethereum left exchanges last week. The outflows are the largest seen since December 2022. The withdrawals suggest investors are moving ETH to their private wallets for long-term accumulation.
On-chain data revealed approximately 845,000 ETH left exchanges last week. The withdrawals are the highest weekly amount since December 2022. The outflows coincide with increased selling pressure as the crypto markets experience a downward trend.
