Ethereum Exchange Inflows Climb To 4-Month High – What This Means For Price

Over the past week, the Ethereum price declined significantly, following Bitcoin’s downturn towards $59,000. As the second-largest cryptocurrency’s price dropped to $1,505, data from a recent on-chain analysis reveal an underlying shift in activity across exchanges.
Ethereum Exchange Inflows Surge To 2.24 Million In A Day
In a Quicktake post on June 6, the on-chain analytics group Arab Chain cited data from the “Ethereum: Exchange Inflow (Total) – All Exchanges” met