Glassnode alerts revealed in a tweet today that ETH’s number of exchange withdrawals (7d MA) has reached a 1-month low.
This fresh low was recorded just 24 hours after the metric’s previous 1-month low.
Meanwhile, technical indicators suggested that ETH’s price may drop in the coming week.
Glassnode alerts, the on-chain tracking platform, revealed in a tweet earlier today that the amount of Ethereum (ETH) that has been withdrawn from exchanges has dropped to a 1-month low. According to the post, ETH’s number of exchange withdrawals (7d MA) reached 3,109.756.
This recent low follows just a day after the metric reached its previous 1-month low yesterday. Glassnode alerts added in their tweet that ETH’s number of exchange withdrawals (7d MA) reached 3,110.208 24-hours ago.
Meanwhile, the leading altcoin’s price slipped 0.74% throughout the past day of trading according…
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