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Ethereum saw $320 million flow out of exchanges this week

Ethereum saw $320 million flow out of exchanges this week

CointimeCointime2023/11/18 19:57
By:Cointime

According to blockchain analysis company IntoTheBlock, there has been a significant outflow of funds from ETH exchanges in recent weeks. This week, Ethereum's outflow of transactions amounted to $320 million, with outflows exceeding $1 billion in the past three weeks. Exchange fund outflows often indicate that investors are moving funds from centralized exchanges to private wallets.

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