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Santiment: Ethereum’s daily net outflow from exchanges hit a 23-month high, and its trend in 2025 will still largely depend on Bitcoin’s performance


2025-02-1113668 Views
 between February 8th and 9th, about 224,400 Ethereum were withdrawn from exchanges, marking the highest daily net outflow in nearly 23 months. Although this is more like a long-term indicator, it is a strong signal for the currently underperforming Ethereum price. When assets are withdrawn from exchanges, it usually indicates that investors have confidence in holding them for the long term. The decrease in the number of tokens available for public trading also means that the possibility of large-scale selling in the future is reduced. It should be noted that Ethereum's performance in 2025 will still depend largely on Bitcoin's ability to maintain stability and attempt to return to its historical high.




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