$ETH (ETH) is witnessing a significant shift in investor behavior, marked by a sustained net outflow from cryptocurrency exchanges. According to DeFi analytics platform Sentora (formerly IntoTheBlock), this trend has persisted for three consecutive weeks and is intensifying alongside rising ETH prices. In the last 24 hours alone, approximately $559 million worth of ETH has been withdrawn from exchanges. This substantial outflow typically indicates a decrease in selling pressure, as investors are moving their holdings to cold storage or staking platforms, signaling a longer-term investment strategy. This positive momentum could contribute to further price appreciation for Ethereum, as reduced supply on exchanges coupled with increasing demand can create a bullish market environment. The continued outflow suggests strong conviction among ETH holders, further solidifying Ethereum's position in the cryptocurrency market. ```
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