On May 14, reports from Sentora indicated that $1.2 billion worth of Ethereum was withdrawn from centralized exchanges in the past 7 days. This net outflow trend has strengthened since the beginning of May. This indicates that Ethereum accumulation in the market is increasing, while selling pressure is decreasing.
This is market information, not investment advice. It emphasizes the shift in Ethereum cash flow, indicating that the strategy of holding and accumulating is prevailing in the context of decreasing selling pressure from holders.
Source: https://tintucbitcoin.com/ap-luc-ban-eth-giam-khi-12-ty-usd-rut-khoi-cex/
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