Yesterday, over 150,000 ETH deposited to exchanges, selling pressure rises
Article is form Jinse
September 20, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, IntoTheBlock posted on X that over 150,000 ETH were deposited into exchanges yesterday, the highest level since January.
Such a large influx of funds typically indicates rising selling pressure, as users may want to capitalize on recent price movements – either to secure profits or limit further losses.
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