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Coin Edition 2025-05-03 01:15:00

$380M ETH Exchange Outflows Suggest Supply Squeeze as Bulls Rebuild

Over $380 million in Ethereum has flowed out of exchanges in the past week. Large ETH holders have increased their positions, reversing a long-term downtrend in wallet concentration. On-chain data suggests growing investor confidence despite subdued trading volumes and ongoing market caution. Ethereum (ETH) continues to flow out of centralized exchanges at a significant rate. Over the past seven days alone, net outflows surpassed $380 million, according to blockchain analytics firm IntoTheBlock. This reduction in exchange-held ETH reflects growing investor accumulation into self-custody and could point to a tightening supply narrative that has historically preceded price rallies. ETH Accumulation Persists Despite Price Volatility Data shows Ethereum’s net flows from exchanges were consistently negative between April 24 and May 1, with a particularly large outflow recorded on April 26. This behavior suggests that investors took advantage of short-term price dips to buy and withdraw ETH into self-custody. Despite price fluctuations during the week, ETH ended the period on a positive note, climbing back above $1,840. Analysts interpret sustained exc… The post $380M ETH Exchange Outflows Suggest Supply Squeeze as Bulls Rebuild appeared first on Coin Edition .

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