Shortly before the long-awaited merge update in Ethereum (ETH), Ethereum inflows to exchanges reached a record level.
According to data and analytics firm Nansen, Ethereum inflows to exchanges increased before the Merge. Nansen CEO Alex Svanevik said in a in sharing The end of Ethereum entry to exchanges 6 months He said it has reached its highest level. Nansen CEO also told Binance 720 million worth a dollar 450,000 He stated that Ethereum was transferred.
in total $1.2 billion Ethereum held on centralized exchanges ETH amount is the highest level in the last 2 months the one which… 25.34 rose to millions.
Many analysts and commentators consider these entries to be low yet. It is also among the theories that these entries aim to create a predetermined selling pressure. However, some commentators say that “merge” is completely suggest that you are pricing the news progress. post merge a lot of people waiting for a drop in price exists.
As previously stated by Koin Bulletin, it is thought that the Merge update may take the form of “Buy Expectation, Sell News”.
