Ethereum (ETH) Withdrawals on Exchanges Skyrocket on Spot ETF Mania, Data Says

Malaysia News News

Ethereum (ETH) Withdrawals on Exchanges Skyrocket on Spot ETF Mania, Data Says
Malaysia Latest News,Malaysia Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Massive ETH accumulation wave confirmed days ahead of most anticipated announcement for altcoiners in 2024

Based on Glassnode's data, cryptocurrency analyst Leon Waidmann of BTC-ECHO platform indicates massive accumulation interest of Ethereum investors. Owners of ETH bags are moving them out of exchanges, which typically is a strong bullish indicator.Ethereum investors are withdrawing their riches from exchanges at an increased pace. As the multi-month trend gained traction, centralized crypto platforms lost $126 million in equivalent in just seven days.

Is Shiba Inu Losing $0.000017? Three Solana Price Levels to Watch, Secret Bitcoin Chart Pattern You Shouldn't Miss

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum ETFs could spark new ETH all-time high but face potential Grayscale barrierEthereum ETFs could spark new ETH all-time high but face potential Grayscale barrierEthereum (ETH) is down 0.4.% on Thursday following speculations surrounding the potential negative impact of Grayscale's Ethereum Trust fees and ETH dump from the Ethereum Foundation.
Read more »

24,400 ETH From Ancient ICO Transferred to Large Exchanges at Astonishing Price Surge24,400 ETH From Ancient ICO Transferred to Large Exchanges at Astonishing Price SurgeClose to $80 million worth of Ethereum moved to top crypto exchanges by ancient ICO maker
Read more »

Golem sends over $100 million worth of ETH to exchanges in the past monthGolem sends over $100 million worth of ETH to exchanges in the past monthThe Golem Network has sent over $100 million in ETH to various exchanges over the last month, a significant portion of its overall reserves.
Read more »

6.57 Trillion Shiba Inu (SHIB) Whale Withdrawals Stun Crypto Exchanges6.57 Trillion Shiba Inu (SHIB) Whale Withdrawals Stun Crypto ExchangesShiba Inu whales pull 6.57 trillion tokens from exchanges, sparking hopes of SHIB price surge
Read more »

Why is Golem Moving Millions in ETH to Centralized ExchangesWhy is Golem Moving Millions in ETH to Centralized ExchangesCrypto Blog
Read more »

184 Million XRP in 24 Hours – What’s Happening?184 Million XRP in 24 Hours – What’s Happening?Two major cryptocurrency exchanges have witnessed staggering XRP withdrawals in past 24 hours
Read more »



Render Time: 2025-08-29 16:46:01