In the past 7 days, there has been a net outflow of 200,000 ETH from CEXs. Where did the funds go?

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[Crypto World] According to the latest statistics from Coinglass, centralized exchanges have experienced a massive outflow of Ethereum over the past week. Data shows that in 7 days, CEXs saw a total net outflow of over 200,000 ETH (specifically 206,400 ETH).

The top three platforms on the outflow list show clear differentiation: a leading platform tops the list with a weekly withdrawal of 92,300 ETH; a well-established compliant exchange follows closely with 79,400 ETH outflow; and another major platform contributed 36,000 ETH in outflows.

It is worth noting that not all platforms are experiencing capital outflows. One derivatives exchange bucked the trend by attracting an inflow of 2,271.69 ETH, making it the biggest winner in this round of fund migration.

This collective wave of withdrawals may suggest a rising demand for self-custody in the market, or that investors are preparing for upcoming on-chain opportunities.

ETH3.1%
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