Ethereum Exchange Outflows Surge, Hinting at Bullish Rebound
Ethereum Exchange Outflows Surge, Hinting at Bullish Rebound
As Ethereum (ETH) recently dipped below the $4,000 mark amidst a broader market pullback, a notable trend has emerged: a sharp decline in the cryptocurrency’s exchange reserves. This phenomenon, characterized by significant ETH outflows from leading platforms such as Binance and Coinbase Advanced, suggests a potentially bullish setup for the digital asset. Analyzing these on-chain movements provides crucial insights into investor behavior and future price trajectories. Ethereum Reserves on Exchanges Dwindle to Multi-Year Lows The reduction in Ethereum's supply held on centralized exchanges is a critical indicator of shifting market sentiment. According to a CryptoQuant Quicktake report by contributor CryptoOnchain, there has been a significant surge in Ethereum outflows across all major cryptocurrency exchanges. Specifically, during August and September 2025, the 50-day Simple Moving Average (SMA) netflow plummeted below -40,000 ETH per day. This level represents the lowest observed…