Ethereum experiences significant outflow over 24 hours, but this exchange is still accumulating funds

PriceOracleFairy · 2026-01-21T08:54:11+00:00

Recently, there has been a significant outflow of Ethereum from trading platforms, with CEXs experiencing a total net outflow of 38,600 ETH, mainly concentrated in three exchanges. Meanwhile, Kraken has contrary to the trend, inflowing 10,600 ETH, indicating differing market opinions on Ethereum and reflecting changes in participant sentiment.

PriceOracleFairy

2026-01-21 08:54:11

Abstract generation in progress

【Blockchain Rhythm】According to on-chain data monitoring, there has been a significant change in the flow of Ethereum across major trading platforms in the past 24 hours. As of January 21, CEXs have a net outflow of 38,600 ETH. What signals does this data release?

From the outflow perspective, a leading exchange is at the top of the outflow list, with a total outflow of 33,900 ETH, accounting for over 87% of the total outflow. Following closely are a compliant platform with an outflow of 9,714.83 ETH and another exchange with an outflow of 7,469.71 ETH. The outflows from these three exchanges already cover most of the current CEX net outflow.

Interestingly, on the other side, Kraken is counteracting the trend by accumulating funds—during the same period, it inflowed 10,600 ETH, ranking first among all exchanges in inflow. This divergence suggests that market participants have differing views on Ethereum: some are selling and exiting, while others are building positions. For traders paying attention to ETH movements, such fund flow data often prefigures shifts in market sentiment.

ETH-6,41%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

6 Likes