$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
Cointelegraph
Published Sep 16, 2021 11:46PM ET
Updated Sep 17, 2021 01:20AM ET
More than $1 billion worth of Ether has been removed from centralized exchanges in 24 hours, leading to speculation about imminent price gains for Ethereum as supply shrinks on many trading venues.
According to data shared by crypto analytics provider IntoTheBlock, $1.2 billion worth ETH was withdrawn from centralized exchanges on Sept. 16 to mark a new record in short-term outflows from exchanges.
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Written By: Cointelegraph
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