Markets· ★★★· bullish·

Santiment: 169,770 ETH net exchange outflow is largest in over four months

  • —Net ETH exchange outflow hit 169,770 ETH, the highest in over four months
  • —A June 5 outflow of 223,800 ETH was followed by a price recovery
  • —Santiment flags $2,400 as near-term equilibrium and $2,500 as confirmation
  • —Losing the $2,330 level would weaken the bottoming scenario
Why it matters: Shrinking exchange supply reduces sell-side pressure; sustained outflows could support an ETH price reversal.
#ETH
Source: Koin Bülteni
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