Ethereum Sees $380M Outflow from CEXs; Are Investors Losing Confidence?

1 year ago 272

While Bitcoin shows signs of investor confidence with a decreased reserve on centralized exchanges, Ethereum paints a more complex narrative. According to the IntoTheBlock X post, approximately $380 million worth of ETH has left centralised exchanges (CEXs) this week and nearly $1.5 billion over the past month.  ETH continues to record more significant exchange outflows,

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Source: coingape.com
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