🇺🇸 Ethereum investors are withdrawing ETH from Binance at an unprecedented pace in the past 3 years
- Ethereum is up 6% in 24 hours, trading above $2,700, and has risen 80% from $1,510 over three months, indicating strong accumulation activity.
- The average monthly amount of ETH withdrawn from Binance has exceeded 90,000, the highest level in 3 years, suggesting investors are moving ETH to personal wallets for long-term holding.
- U.S. Ethereum ETFs have recorded significant outflows, totaling $404.7 million by midweek, causing ETF inflows for August to drop below $190 million, despite recoveries on Monday and Friday.
Source: CryptoPotato
🌍 Updated by GemCrypto
$ETH
#Ethereum #Crypto
- Ethereum is up 6% in 24 hours, trading above $2,700, and has risen 80% from $1,510 over three months, indicating strong accumulation activity.
- The average monthly amount of ETH withdrawn from Binance has exceeded 90,000, the highest level in 3 years, suggesting investors are moving ETH to personal wallets for long-term holding.
- U.S. Ethereum ETFs have recorded significant outflows, totaling $404.7 million by midweek, causing ETF inflows for August to drop below $190 million, despite recoveries on Monday and Friday.
Source: CryptoPotato
🌍 Updated by GemCrypto
$ETH
#Ethereum #Crypto
