Large 148,700 ETH CEX Outflow — Bullish Supply Dynamics for Ethereum
I see a clear continuation of Ethereum net outflows from centralized exchanges: 148,700 ETH left CEXs in the last 24 hours. That large withdrawal suggests reduced immediate sell pressure and more ETH moving into self-custody, staking, or DeFi.
While this is a constructive supply-side signal for price, I remain mindful of short-term volatility and overall market conditions that can override on-chain flows.
Analysis
Recommendation
I would use this signal to consider accumulating Ethereum or buying on weakness, while keeping position sizing cautious and watching broader market momentum and liquidity.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.