Ethereum Exchange Outflows Hit Four Year Low, As the Price of Ether Rises By DailyCoin – Investing.com
- Date: 28-Dec-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Ethereum Exchange Outflows Hit Four Year Low, As the Price of Ether Rises By DailyCoin – Investing.com
According to data from Glassnode, ETH exchange outflows are now at their lowest point since January 2018. Exchange outflows show the amounts of a token that have been withdrawn from exchange wallets across a given period.
Exchange Outflows Decline as ETH Price Increases
What is interesting about Ethereum’s declining outflows is that it correlates with an increase in the price of Ethereum.
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