$1.8B In Ethereum Withdrawn From Exchanges In Largest Weekly Outflow Since 20...

$1.8B In Ethereum Withdrawn From Exchanges In Largest Weekly Outflow Since 20...

Ethereum (ETH) has been struggling around the $2,000 level, unable to regain higher ground as bulls fail to reclaim key resistance zones. Despite positive developments, such as Thursday’s U.S. Strategic Bitcoin Reserve executive order signed by President Trump, market sentiment remains bearish. Investors continue to approach the market with caution as uncertainty and selling pressure persist. […]


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Ethereum Whales On The Move—224,000+ ETH Withdrawn In Record Outflow

Ethereum tokens to the tune of 224,410 were pulled out of exchanges in the last 48 hours, causing a huge wave of withdrawals that have rocked the cryptocurrency scene. According to Santiment data, the massive exodus that took place on February 8 and 9 represents the largest net outflow in almost two years. Related Reading: Analyst Says You’ll Regret Not Buying Ethereum At These Prices, Here’s Where It’s Headed Analysts and market observers have taken notice of this big movement of digital assets, which has led to a great deal of conjecture about the future of the second-largest....