#以太坊投资机会 I just saw some data that surprised me 😅 In the past 24 hours, a total of 69,300 ETH have flowed out of exchanges! What does this mean? Is it said that the concentration of holdings is increasing?
Coinbase Pro saw the largest outflow, reaching 73,000 ETH, with Gemini and Gate also experiencing outflows, but Bybit actually saw an inflow of over 2,000 ETH. Does this feel like big players are making moves? Are they accumulating ETH or transferring it to cold wallets for storage?
I haven't fully understood the deeper meaning of net outflows from CEXs yet. Does it mean that everyone is more optimistic about Ethereum and is withdrawing their coins for safekeeping? Or are they preparing for the upcoming market movements?
If any experts know the logic behind this, could you help explain it to beginners? It seems like this on-chain data is very important for judging market direction, but I’m still in the dark 🤔
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#以太坊投资机会 I just saw some data that surprised me 😅 In the past 24 hours, a total of 69,300 ETH have flowed out of exchanges! What does this mean? Is it said that the concentration of holdings is increasing?
Coinbase Pro saw the largest outflow, reaching 73,000 ETH, with Gemini and Gate also experiencing outflows, but Bybit actually saw an inflow of over 2,000 ETH. Does this feel like big players are making moves? Are they accumulating ETH or transferring it to cold wallets for storage?
I haven't fully understood the deeper meaning of net outflows from CEXs yet. Does it mean that everyone is more optimistic about Ethereum and is withdrawing their coins for safekeeping? Or are they preparing for the upcoming market movements?
If any experts know the logic behind this, could you help explain it to beginners? It seems like this on-chain data is very important for judging market direction, but I’m still in the dark 🤔