Ethereum Withdrawal Surge: Record Outflow of 6,544 ETH from Exchanges

Recent analysis reveals a significant trend in Ethereum withdrawals from centralized exchanges. A net outflow of 6,544 ETH was recorded over the past 24 hours, with Coinbase Pro leading the way in outflows. The data indicates substantial activity on Kraken and KuCoin as they received notable inflows. This sustained withdrawal pattern raises questions about its impact on Ethereum’s market dynamics and liquidity.