$1.23 Billion Weekly Outflows + Ethereum Update
Binance recorded $1.23 billion in net outflows for the week starting June 29. That’s a 207% increase compared to the previous week’s $400 million, bringing the total outflows for the month to $3.2 billion so far...
Ethereum withdrawals saw a particularly sharp spike: in a single day, there were over 166,000 ETH withdrawal transactions, the highest in more than 3 years.
Meanwhile, Ethereum’s price rose 12.5% over the past week and is currently trading around $1,766.
Many analysts don’t see this as panic, but rather as a shift toward self-custody (moving funds off exchanges into personal wallets). Long-term, this could actually be positive for ETH, as it reduces the available supply on exchanges.
I also believe the MiCA regulations are playing a role here, and a lot of people are taking advantage of the migration/switch campaigns offered by other exchanges.
On that note how’s everyone doing with the OKX €400 campaign?
https://t.co/uGD60atkk8
just need 3 more card transactions.
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Keep it up, it'll be good someday!
@sauciii@affilionETH And yeah @sauciii , From day one, to this day. always.
He shares all the info and updates with us in Hungarian, and not just in English on his twitter. Sooo Affi for president! 🇭🇺
@sauciii GG for all the XP bangers! I see a lot of new giga chader, but I have to ask you @sauciii , is our flagship @affilionETH still not there. Why?
He talks to us several times a week in videos and on discord in our own language about abstract.
@GamblorCasino Hear you out... Give the fucking @PragmaticPlay back to your Casino, because the last time your ur just a home made web3 mini casino.. LOL .. Haha play already on another Casino they have Pragmatic games....
@affilionETH@McLarenF1 Bro you are one of the best Hungaryan Crypto Content Creator, and you not even work with @okx together? haha :) I know you working with Binance and Bybit.. But bro, you are a @McLarenF1 fan!! :) Maybe you will get your sighned CAP! Good Luck Affi