Holders Expect Price Surge As Weekly Ethereum Outflows Hit The 14-month Lows Of Only About 2,396.131.
As stated by the Glassnode Twitter page, the weekly Ethereum outflows from the exchanges have hit the 14-month lows of only about 2,396.131. This is a pointer to the readiness of the holders to hold tight for the coming price surge.
“Ethereum ETH Number of Exchange Withdrawals (7d MA) just reached a 14-month low of 2,396.131,” tweeted the analytics firm.
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https://twitter.com/glassnodealerts/status/1546377624301215744
Recently, there has been massive ETH flow to exchange following the upward price movements. As previously reported the holders moved 220k ETH to exchange, which represents the highest inflow since August 20...