140,000 ETH worth $350 million withdrawn from exchanges in 96 hours
- —140,000 ETH worth ~$350 million withdrawn from exchanges in 96 hours
- —Shrinking exchange supply reduces selling pressure
- —ETH needs sustained demand, not just exchange outflows, to rise
Why it matters: Lower exchange supply of ETH combined with rising demand could add upward pressure on the price.
Source: Bithub