ICYMI: almost 200,000 $ETH left the market amid massive inflows to a staking contract Ethereum ETH
According to aggregated data from centralized exchanges, 180,000 ETH left the market on March 18, besides Ethereum withdrawing on weekend trading days. We have also noticed massive outflows from exchanges of Bitcoin and other cryptocurrencies.One of the most anticipated events for most Ethereum traders has always been a supply shock, which is traditionally considered a negative thing.
At press time, Ether has not reacted significantly to the massive outflows and trades at $2,918, after only a 3.6% price increase on the day the data appeared.
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