Ethereum (ETH) Sees Unprecedented Data for the First Time in Its History – Bullish or Bearish? Analysis Firm Explains

Cryptocurrency analysis firm Alphractal has released a striking report on Ethereum (ETH). According to the company's data, for the first time in history, the amount of ETH flowing from exchanges has surpassed the amount exchanges are able to ￰0￱ stated that billions of dollars worth of ETH have left central exchanges in recent months, causing a serious contraction on the supply ￰1￱ News: One of Japan's Largest Financial Companies May Have Had Its Cryptocurrency Wallets Hacked - Here Are the Details The company's particular focus was on the Exchange Flow Balance ￰2￱ metric measures the net balance of inflows and outflows on ￰3￱ values indicate that exchanges are increasing their ETH reserves, while low or negative values indicate that exchanges are not accumulating sufficient funds, indicating a supply ￰4￱ to Alphactal, this indicator has turned negative for the first time, suggesting that both institutional and retail investor demand for Ethereum has reached record ￰5￱ company described the current situation as “the strongest market-making interest in Ethereum’s history,” while warning that this could significantly move the market in the short term. *This is not investment ￰6￱ Reading: Ethereum (ETH) Sees Unprecedented Data for the First Time in Its History – Bullish or Bearish?

Analysis Firm Explains