More than 1 million $ETH has evaporated from the exchange in the past month – accounting for 5.5% of the total supply
After the Pectra upgrade, AE no longer dumps, and also curses Hậu less.
On-chain data shows that the ETH flow back to cold wallets is increasing significantly > This is usually a signal of smart money, accumulating and waiting for a big wave.
ETH withdrawn from exchanges = less liquid supply = easier to pump when new money flows in.
=> Is this the beginning of a strong rally? or just accumulation before some storm?
But one thing is certain, the #HODL players are returning to Hậu.