Ethereum, the second-largest cryptocurrency by market cap, experienced a significant $181 million outflow from exchanges this past Wednesday
This notable movement marked the largest outflow since Aug. 21, according to data analytics provider Santiment.
The current non-exchange Ethereum stands impressively at an all-time high of 115.88M ETH. Simultaneously, the amount of Ethereum available on exchanges has dropped to its lowest in approximately 5.5 years.K33's senior analysts recently poured cold water on demand for the chief altcoin, stating that the launch of Ethereum futureshad not met the expected enthusiasm.
The 24-hour trading range for Ethereum fluctuated between $1,631.65 and $1,654.45, with a market cap reported at approximately $196.7 billion. The 24-hour trading volume for the cryptocurrency stood at around $7.3 billion.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.
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