Complementing this observation, CryptoQuant and Nansen Intelligence data noted a significant uptick in buying activity and ETH inflows on crypto exchanges. CryptoQuant’s on-chain analysis revealed that over 100,000 ETH was purchased in spot markets, setting a new record since September 2023. Nansen Intelligence further noted that the net flow of 81,840 ETH into exchanges over the past week indicates sustained investor interest.
ETH Hits Record Inflows: Here's Why – Cryptomode
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