Ethereum Set to Surge? 224K ETH Off-Exchanges Boost Confidence!

The post Ethereum Set to Surge? 224K ETH Off-Exchanges Boost Confidence! appeared first on Coinpedia Fintech News

Ethereum, the second-largest cryptocurrency by market cap, has seen a sharp 36% drop over the past seven weeks. This decline has sparked concern among investors and traders, as fewer ETH holders are now in profit. The negative sentiment is causing many retail traders to sell off their tokens, and with Ethereum underperforming compared to other major cryptocurrencies, questions are rising about its ability to recover. 

However the scene is changing, in the downtrend, Ethereum has experienced a historic event that could shape its price journey in 2025. Between February 8 and 9, around 224,410 ETH were moved off exchanges—marking the largest single-day net outflow in nearly two years, as reported by Santiment. This change in investor behavior suggests growing confidence in Ethereum’s long-term value.