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Ethereum sees largest exchange outflow in over four months, 169,770 ETH withdrawn
Ethereum (ETH) experienced a net outflow of roughly 169,770 coins from exchanges, according to Santiment data. This marks the biggest outflow day in more than four months and mirrors a pattern observed before the June rebound. The reduction in on‑exchange supply typically indicates fewer coins available for sellers. US spot Ethereum funds have also decreased, with a reported loss of $1.18. Analysts note that such outflows can influence market dynamics.