Ethereum

Coin

<ul class="news-points"> 
 <li>Glassnode alerts revealed in a tweet today that ETH’s number of exchange withdrawals (7d MA) has reached a 1-month low.</li> 
 <li>This fresh low was recorded just 24 hours after the metric’s previous 1-month low.</li> 
 <li>Meanwhile, technical indicators suggested that ETH’s price may drop in the coming week.</li> 
</ul> 
Glassnode alerts, the on-chain tracking platform, revealed in a tweet earlier today that the amount of <a href="https://coinedition.com/tag/ethereum-eth/" target="_blank" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> that has been withdrawn from exchanges has dropped to a 1-month low. According to the post, ETH’s number of exchange withdrawals (7d MA) reached 3,109.756. 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> Number of Exchange Withdrawals (7d MA) just reached a 1-month low of 3,109.756 Previous 1-month low of 3,110.208 was observed on 08 September 2023 View metric:<a href="https://t.co/hqrR4jylVe" target="_blank" rel="noopener noreferrer nofollow">https://t.co/hqrR4jylVe</a> <a href="https://t.co/cCRjB5PKbB" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/cCRjB5PKbB</a>— glassnode alerts (@glassnodealerts) <a href="https://twitter.com/glassnodealerts/status/1700362429941551518?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 9, 2023</a> 
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This recent low follows just a day after the metric reached its previous 1-month low yesterday. Glassnode alerts added in their tweet that ETH’s number of exchange withdrawals (7d MA) reached 3,110.208 24-hours ago. 
Meanwhile, the leading altcoin’s price slipped 0.74% throughout the past day of trading according… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/eth-investors-stop-withdrawing-from-exchanges-selloff-to-come/">ETH Investors Stop Withdrawing From Exchanges: Selloff to Come?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

ETH Investors Stop Withdrawing From Exchanges: Selloff to Come?

Coin Edition

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