According to Sentora, $1.2 billion in ETH has been withdrawn from centralized exchanges over the past 7 days, which indicates a decrease in selling pressure and an increase in interest in long-term storage.
For comparison:
- From April 24 to May 1, there was an influx of
- And on April 27, the last significant +50 million was recorded
- April 26 — outflow of $166.6 million
ETFs are also in outflow:
9 ETH-ETFs for May 13: -$10.83 million
Leaders of the conclusion:
• Fidelity: –$8.39 million (400,916 ETH remaining)
• Grayscale (ETHE) — amid dissatisfaction with the 2.5% fee
(BlackRock has 0.25%)
The total value of ETH in ETFs fell to $8.03 billion, which is 2.84% of the total ETH capitalization