Story
CryptoSlate · Crypto & Web3
← Back to your feed

Ethereum is flashing a $478 million buy signal but top traders still expect it to fail

Ethereum has recorded $478 million in net exchange outflows over the last 7 days, a pace running roughly five times above average and the kind of supply-side move traders typically read as accumulation, according to Nansen. Nansen's data complicates that reading, as top-PnL wallets sold a net $64 million over the past seven days, and …

Read at CryptoSlate

Join the conversation

Discuss the story with the TraceFeed community.

No comments yet. Be the first to add a perspective.

Make it part of your feed.

Sign up or log in to continue.