250,000 ETH disappeared overnight from the exchange? Massive net outflow may indicate major deep-water actions!
According to Coinglass data, the total net outflow from CEX in the past 24 hours is 253,100 ETH, and market sentiment is once again tense👇
🏃 Top three net outflows:
1️⃣ Coinbase Pro: -216,500 ETH (main force exiting)
2️⃣ Binance: -97,300 ETH
3️⃣ Gemini: -889.57 ETH
📥 First net inflow:
OKX: +21,300 ETH
The situation of massive ETH withdrawal from exchanges usually indicates:
✔ Are large holders buying the dip and moving away?
✔ Is there a surge in over-the-counter (OTC) demand?
✔ Or are whales preparing for long-term holding in cold storage?
Regardless of the direction, the current speed of capital migration for ETH in the market is exceptionally astonishing. $BTC
BTCUSDT
Perp
91,401.1
+2.15%
ETHUSDT
Perp
3,015.65
+0.07%
BNBUSDT
Perp
893.09
+0.51%