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News Explorer — Ethereum's Negative Netflow Signals Potential Bullish Sentiment

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Nov 4, 12:43 pm
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Ethereum's Negative Netflow Signals Potential Bullish Sentiment

Ethereum's recent negative netflow of -$359 million suggests investors are moving the cryptocurrency from exchanges to private wallets, potentially indicating a bullish sentiment and long-term holding strategy. Previous instances of major outflows were followed by price surges, hinting at a possible rebound in Ethereum's value.

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