27-02-2024 05:00 via newsbtc.com

Ethereum Exodus: Whales Withdraw $64 Million ETH From Exchanges, Bullish Signal?

According to data from Lookonchain, an on-chain analytics platform, Ethereum (ETH), whales have withdrawn roughly $64.2 million worth of ETH from major exchanges.
This significant movement of funds coincides with a notable uptick in the price of ETH, indicating an increasing interest in the asset.Ethereum Whales Movement Signals Confidence
According to Lookonchain’s findings, much of the ETH supply has been shifted from exchange wallets to custodial wallets. The on-chain analytics platform
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