Ethereum’s outflow surge and fee frenzy: A week in review

Ethereum’s outflow surge and fee frenzy: A week in review

Over $200 million worth of ETH left centralized exchanges in the past week.
ETH remains above the $1,800 price range.
Over the last week, there has been a notable increase in the amount of Ethereum [ETH] being withdrawn from cryptocurrency exchanges. Also, there has been a noticeable rise in the transaction fees generated by trades on the Ethereum network.
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Ethereum outflow spikes
According to a post from IntoTheBlock, Ethereum recently experienced its most significant outflow volume since August. The data indicates that approximately $210 million worth of ETH has been withdrawn from centralized exchanges in the past few days.
An analysis of the Netflow chart by AMBCrypto revealed a recent surge in outflows. The chart displayed a negative spike, indicating that more ETH left centralized exchanges. 

Source: Glassnode

Specifically, on 2 November, more than 117,000 ETH left exchanges, and on 3 November, over 84,000 ETH left exch

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We współpracy z: https://eng.ambcrypto.com/ethereums-outflow-surge-and-fee-frenzy-a-week-in-review/

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