350K ETH Withdrawn from CEXs in Largest Outflow Since January 2024

Description

Ethereum Sees $1B in Exchange Outflows as Traders Accumulate ETH According to IntoTheBlock , nearly 350,000 ETH , valued at approximately $1 billion , was withdrawn from centralized exchanges (CEXs) in a single day , marking the largest ETH net outflow since January 2024 . Key Takeaways: Largest single-day ETH outflow from CEXs in over a year . Suggests traders are buying the dip and moving ETH to self-custody . Potentially bullish for ETH price if supply on exchanges continues to shrink. This m...