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$1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal

NewsBTC LogoNewsBTC11h ago

$1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal - NewsBTC

Quick Summary:

Related Reading: XRP Open Interest Surges 41% As Speculation Grows – Over $1B Added In Just One Week Price Action Details: ETH Testing Key Levels Ethereum’s weekly chart shows a powerful breakout after weeks of bearish pressure, with ETH now trading around $2,599.14.

Ethereum Builds Momentum As Exchange Outflows Signal Accumulation Ethereum is trading above critical levels as speculation of a sustained rally continues to grow.

This sustained trend of net outflows suggests continued accumulation and reduced sell-side pressure, both strong signals for long-term bullish momentum.


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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 18:30:28 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 659 words

Reading Time: 4 minutes read

Sentences: 77 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 28718240

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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The story "$1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal" was covered 11 hours ago by NewsBTC, a news publisher based in United Kingdom.

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  • News ID: #28718240
  • URL: https://surprised.beamstart.com/news/12b-in-ethereum-withdrawn-from-17472512889192

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