Since the start of December, Ethereum ($ETH) has seen a marked outflow from exchanges, with over 400,000 ETH leaving since December 1. This trend of accumulation suggests increased confidence among investors, particularly as the price of ETH recently pushed back above the $4,000 mark, solidifying this level as strong support. Since the beginning of December, the $ETH netflow from exchanges has predominantly been negative. Over 400k ETH have flowed out since December 1st, suggesting a trend of accumulation. pic.twitter.com/5pD8Ct7SIl — IntoTheBlock (@intotheblock) December 16, 2024 The demand for Ethereum remains robust, with 7.2 million ETH purchased at prices just under
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