🚨 Ethereum Withdrawals Hit 40,000 ETH 🚨
🔹 Ethereum withdrawals just crossed the 40,000 ETH mark, valued at $92M. Traders are pulling their ETH off exchanges, signaling reduced selling pressure.
🔹 This shift could be a bullish sign, with fewer short positions (bets against ETH) showing that traders are less bearish on Ethereum.
Is a Market Shift Coming?
With the Federal Reserve potentially cutting rates, more capital could flow into the crypto market, pushing Ethereum’s price even higher. Fewer sellers, less bearishness, and more liquidity could lead to major price gains soon!
#Ethereum #CryptoMarket #ETHWithdrawals #Blockchain #CryptoInvesting