On May 25, the net inflow of ETH reached 140,660, a record high since January.
As monitored by IntoTheBlock, the net inflow of Ethereum quantity to exchanges on May 25th (Saturday) reached 140,660 coins, the highest value of net deposits to exchanges in over four months. A large influx to exchanges is usually a sign of selling behavior, as people either try to gain profits or succumb to FUD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Notice on Bitget CFD system maintenance
Bitget PoolX to list NIGHT(Phase 3): Lock BTC & ETH to share 9,000,000 NIGHT
CandyBomb x NIGHT: Trade to share 2,000,000 NIGHT
Bitget to support USDGO in multi-asset mode for USDT-M Futures
