#以太坊投资机会 24-hour net outflow of 69,300 ETH looks calm on the surface, but the underlying details need to be understood thoroughly. Coinbase Pro has a outflow of 72,900 ETH, and Gate and Gemini are also withdrawing, only Bybit is absorbing.

I've seen this kind of data many times before, and each time I ask myself one question: Is the outflow due to genuinely long-term value believers withdrawing to self-custody, or is it a prelude to a concentrated sell-off driven by market sentiment fluctuations?

The key is not the outflow itself, but the structure behind it. Large outflows concentrated on mainstream exchanges like Coinbase indicate that funds with certain influence are moving. But at the same time, Bybit has over 2,000 ETH inflow, which precisely shows that the leveraged market is still active. This is dangerous.

In the past, I’ve fallen into traps during times when the "data looks good, but dark currents are surging." On the surface, increased concentration of holdings seems positive, but combined with active leverage trading, it often means that forces are being accumulated for upcoming volatility.

What should you do? Don’t be fooled by the absolute number of net outflows. Focus on whether your own funds are truly accumulating value or just participating in a game of "who can run faster." Opportunities for ETH always exist, but surviving longer is more valuable than making quick profits.