In r/ethtrader, exchange net outflows are used to argue whales are accumulating ETH, tempered by warnings that BTC downside could still drag everything short term.
I Called ETH Whale Accumulation 3 Days Ago. It Just Got Confirmed Hard — 6 Out of 7 Days Net Outflow From Exchanges.
6 out of the last 7 days: net outflow. One single day of selling
if BTC dumps below 65k none of this accumulation matters in short term.
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