Ethereum Exchange Inflows Decline As Sellers Cool Off, Will Price Follow?

Ethereum Exchange Inflows Decline As Sellers Cool Off, Will Price Follow?


Ethereum exchange inflows had been on the high side for the better part of the past week. They averaged above $1 billion each day giving credence to the sell-off trend that has been experienced in the market. However, it seems there is a turn in the tide coming. As the weekend draws to a close, exchange inflows have been on the decline. This signals that the sellers are entering into a cool-off period that could potentially alter the price movement.

Inflows Fall Below $1 Billion

This week had opened up with alarming inflows into exchanges. Although the outflows had been enough to offset this, the rate at which investors were moving their Ethereum into exchanges was enough to be a cause of alarm. At its

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