Ethereum Net Flows Turn Negative As Bulls Push For $3,500

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Ethereum Net Flows Turn Negative As Bulls Push For $3,500 - NewsBTC

Quick Summary:

Related Reading: Analyst Says This Dogecoin And Shiba Inu Contender Could See Impulsive Move’ Currently, Coinglass data shows that Ethereum net flows have been skewing toward negative for a while now.24-hour net flow volumes show a -$182.86 million figure as more coins moved out of crypto exchanges during this time.

Ethereum net flows have been mostly negative for the last week, and a continuation of this suggests bullish momentum is building up for the price. These figures show how much buying and selling could’ve been going on and how investors are viewing the digital asset right now.

Ethereum Net Flows Bounce Around Net flows refer to the difference in the number of coins entering or leaving crypto exchanges over a given period of time.