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Ethereum Sees Massive Exchange Outflows: A Bullish Signal for Dip Buyers

Ethereum Sees Massive Exchange Outflows

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Recent on-chain data reveals a significant surge in Ethereum (ETH) exchange outflows, totaling an impressive $978 million over the past week. This substantial withdrawal of ETH from centralized exchanges is being interpreted by analysts as a potential indicator of increased investor accumulation, suggesting a "dip buying" opportunity amidst recent price declines.

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