CMC News
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$1.2B in $ETH Vanishes From Exchanges in Just One Week
Centralized exchanges saw approximately $1.2 billion worth of $ETH withdrawn over the past seven days.
These sustained net outflows have been accelerating since early May.
Market analysts interpret this trend as a sign of increasing $ETH accumulation and weakening sell-side pressure.
The withdrawal pattern aligns with $ETH recent price performance, which has seen significant gains this month.
This on-chain activity suggests investors are moving assets into longer-term storage rather than maintaining exchange positions for trading.
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