Ethereum Flashes Same Signal That Triggered June’s Rebound
Ethereum (ETH) saw roughly 169,770 coins leave exchanges on net, per Santiment. That marked its largest outflow day in over 4 months, a pattern last seen just before June’s rebound. Fewer coins on exchanges usually means less supply ready for sellers. However, US spot Ethereum funds have bled $1.18 billion in October, so buyers have The post Ethereum Flashes Same Signal That Triggered June’s Rebound appeared first on BeInCrypto.
Key Takeaways
- Ethereum (ETH) saw roughly 169,770 coins leave exchanges on net, per Santiment.
- That marked its largest outflow day in over 4 months, a pattern last seen just before June’s rebound.
- Fewer coins on exchanges usually means less supply ready for sellers.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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