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The Daily Hodl 2024-02-10 21:00:18

More Than $1,000,000,000 in Ethereum Flows out of Centralized Exchanges This Week: IntoTheBlock

Ethereum (ETH) flew off centralized exchanges this week, potentially reducing selling pressure on the ETH market, according to the crypto analytics firm IntoTheBlock. In a new analysis, Lucas Outumuro, IntoTheBlock’s head of research, tracked Ethereum’s netflows, which measure the ETH moving in and out of centralized crypto exchanges by subtracting the amount of ETH’s withdrawals The post More Than $1,000,000,000 in Ethereum Flows out of Centralized Exchanges This Week: IntoTheBlock appeared first on The Daily Hodl .

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