Ethereum’s netflow data shows consistent negative outflows from exchanges between June and August. This means investors are pulling ETH off exchanges, reducing selling pressure and signaling confidence in holding. Historically, such outflows create a bullish environment, supporting price growth. However, any sudden return of inflows could flip the trend and trigger short-term selling pressure. For now, ETH looks primed for continued strength as supply on exchanges keeps shrinking.
Written by tugbachain
