Ethereum Outflow Signals Strength: 56,000 ETH Withdrawn Daily

The Ethereum price continues to show resilience, reflecting a shift in investor behavior towards optimism about its potential growth. Despite past skepticism, current actions suggest confidence in ETH's future.

Ethereum Netflow Across Exchanges

On-chain analyst Darkfost highlighted a consistent negative netflow of Ethereum across exchanges since its last price drop, indicating more ETH is being withdrawn than deposited.
Around 56,000 ETH is withdrawn daily on average, a level not seen since the last bear market.
Days with withdrawals exceeding 400,000 ETH have occurred, and netflows have remained negative since July.
This indicates a shift towards long-term holding as investors move assets to non-custodial wallets.
Current Ether token value is approximately $4,660, with a 10% increase over the past week.

BTC and ETH Reserves Drop

Bitcoin reserves on exchanges have decreased by 23% from 3.05 million BTC to 2.47 million BTC since January 2025.
Ethereum reserves began declining in May, dropping 20% from 20.6 million to 17.1 million.
This decline in exchange reserves suggests accumulation by investors, potentially signaling a bullish trend for both Bitcoin and Ethereum.