Dec 20, 2025
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Ethereum Exchange Outflows Reach $978M Amid Dip Buying Trend
Recent on-chain data indicates a negative spike in Ethereum's exchange netflow, suggesting investor accumulation. Here's a summary of the key points:
Ethereum Exchange Netflow Trends
- Ethereum has experienced significant net outflows from exchanges, with a weekly netflow of -$978.45 million.
- This trend suggests investors are accumulating Ethereum by withdrawing it to cold storage or on-chain environments, potentially indicating a bullish outlook despite recent price declines.
The decline in Ethereum's price over the past week aligns with a decrease in transaction fees, which dropped by over 15%, totaling $2.64 million.
Price Movements and Support Levels
- Ethereum briefly dipped to $2,780 before rebounding to just under $3,000.
- A major support level was identified at $2,772, according to UTXO Realized Price Distribution (URPD) data from Glassnode, indicating significant investor activity at this price point.
The presence of a large supply zone at this level indicates potential support during downtrends as investors look to defend their positions.