Ethereum Sees -300K ETH Derivatives Netflow: Bullish Signal?
2025-07-04 01:16:05
Description
Ethereum took a sharp downturn on February 3 and has struggled to hold on to the $2,800 level. This lackluster performance has left investors frustrated, raising doubts about the altcoin’s ability to regain bullish momentum. However, the recent decline in exchange netflow on derivative platforms could offer a fresh opportunity for ETH. Rally Setup? CryptoQuant’s latest analysis revealed that Ethereum’s netflow on derivative exchanges has dropped below -300,000 ETH for the first time since August...
$ETH
$2558.05
--1.54%
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