$ETH 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙎𝙪𝙥𝙥𝙡𝙮 𝙤𝙣 𝙀𝙭𝙘𝙝𝙖𝙣𝙜𝙚𝙨 𝘿𝙧𝙤𝙥𝙨 𝙖𝙨 𝙋𝙧𝙞𝙘𝙚 𝘾𝙡𝙞𝙢𝙗𝙨

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Over the past month, more than 1 million ETH have been withdrawn from centralized exchanges, which accounts for approximately 5.5% of the total ETH held on these platforms.

This trend suggests that users are increasingly choosing to accumulate Ethereum rather than trade it. The recent Pectra upgrade, which went live on May 7, may further support this behavior and, in turn, add upward pressure to Ethereum’s price.

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