$2,457,900,000 Worth of Ethereum (ETH) Withdrawn From Crypto Exchanges in Less Than Two Weeks, Says Analyst
A closely followed crypto strategist says investors are heavily accumulating the top layer-1 platform Ethereum (ETH).
Trader Ali Martinez tells his 125,900 followers on the social media platform X that crypto investors have taken out almost 1 million ETH tokens from digital asset exchanges in a little over a week.
“More than 900,000 Ethereum ETH have been withdrawn from exchanges in [10 days], signaling increased accumulation and reduced sell pressure!”
With Ethereum trading at $2,731 at time of writing, the 900,000 ETH tokens are worth over $2.457 billion.
Looking at ETH whale activity, Martinez says the deep-pocketed investors gobbled up over $764.68 million worth of Ethereum in just three…
