Ali Martinez says $300M in ETH left major exchanges, signaling further upside

More than 116,000 ETH, worth around $300 million, has been withdrawn from major cryptocurrency exchanges over the past two days, a trend that well-known crypto trader Ali Martinez said could support further gains in ETH. CryptoPotato added, "거래소에서 ETH가 대규모 출금됐다는 건 즉시 매도 가능한 ETH 물량이 감소하면서 매도 압력이 완화됐음을 시사한다. 다만 거래소 출금이 반드시 매집을 의미하는 것은 아니며, 스테이킹이나 개인 커스터디 등 다른 목적의 자산 이동 가능성도 배제할 수 없다," indicating that large ETH outflows from exchanges suggest a decline in immediately sellable supply and easing selling pressure, while noting the withdrawals do not necessarily mean accumulation and could also reflect staking or transfers into private custody.