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Ethereum FUD Triggers Record $720M Inflow to CEXes

source-logo  coingape.com 23 March 2024 23:25, UTC

According to data from IntoTheBlock, a notable shift in Ethereum (ETH) market dynamics is attributed to a wave of fear, uncertainty, and doubt (FUD). Analysts pinpoint these sentiments as pivotal in Ethereum’s recent performance discrepancies. As per insights from the blockchain data tracker IntoTheBlock, a surge in Ethereum moving to centralized exchanges (CEXes) marks a significant reaction from the investor community.

coingape.com