ETH has remained below its resistance level.has experienced a notable trend of outflows from exchanges. It indicated that investors were moving their holdings away from trading platforms.
By the end of the month, this figure had decreased to around 16 million ETH. As of this writing, the reserve was around 16.6 million ETH.This decline in exchange reserves typically suggests a couple of strategic movements by investors. According to data from Glassnode, there has been a consistent increase in the total number of deposits. This indicated that more holders were opting to stake their ETH.
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