ETH Outflows and Rising Investor Confidence: Is a New Rally Ahead?
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Ethereum (ETH) could be gearing up for a major rally, as spot exchange reserves hit new lows, signaling growing investor confidence, analysts at CryptoQuant warn. Investors moving ETH to private wallets and staking accounts are reducing sell-side liquidity, a pattern analysts interpret as a sign of market confidence. https://twitter.com/cryptoquant_com/status/1972561797476741151 Why ETH is Leaving Exchanges CryptoQuant identifies three reasons for outflows: transfers to self-custody or staking, new purchases moved immediately off exchanges, and occasional internal wallet adjustments. This shows trust in Ethereum but doesn’t automatically push prices higher. Past cycles show that large outflows often precede rallies, but prices can
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