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Ethereum on-chain data forecasts the withdrawal of 1.4M ETH over the next few days

ETH price rallied as deposits briefly surged after the Shapella upgrade, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short term.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethereum on-chain data forecasts the withdrawal of 1.4M ETH over the next few days

ETH price rallied as deposits briefly surged after the Shapella upgrade, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short term.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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