Ethereum Accumulation Surges as Investors Withdraw $2.457 Billion from Exchanges
- Nearly 1 million Ethereum (ETH) tokens have been withdrawn from digital asset exchanges in just over a week.
- The withdrawn ETH is valued at over $2.457 billion, with each token trading at $2,731.
- Whale investors purchased 280,000 ETH worth approximately $764.68 million within 72 hours.
- The Tom DeMark (TD) Sequential indicator suggests a potential bullish reversal for Ethereum.
Increased accumulation of Ethereum is evident as nearly 1 million ETH tokens, valued at over $2.457 billion, were withdrawn from exchanges recently, indicating reduced sell pressure and potential bullish trends.
Source (2.6)https://dailyhodl.com/2025/02/16/2457900000-worth-of-ethereum-eth-withdrawn-from-crypto-exchanges-in-less-than-two-weeks-says-analyst/?rand=59076