Ethereum experienced a net outflow of 129,100 tokens in 24 hours, with major exchanges significantly selling off, while Gate defied the trend by absorbing over 5,700 tokens.
【Blockchain Rhythm】On January 6th, on-chain data shows that Ethereum experienced significant selling pressure on centralized exchanges over the past 24 hours. According to Coinglass statistics, the CEXs collectively saw a net outflow of 129,100 ETH during this period, which is quite substantial.
The largest outflows came from major exchanges. One leading exchange alone contributed 123,200 ETH in outflows, accounting for nearly 95% of the total outflow, which is quite aggressive. Following that, another exchange sold 5,590.38 ETH, and a different exchange sold 1,954.38 ETH. The market’s intent to sell off is quite evident.
Interestingly, there was a stark contrast in the opposite direction—Gate.com absorbed 5,737.51 ETH during the same period, ranking first in the global CEX inflow list. This indicates that some funds are actively positioning against the trend, or seeking more competitive trading environments. The flow of funds often reflects the genuine attitudes of professional players towards different platforms.
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BlockchainBard
· 01-08 17:07
Gate's move this time is impressive, absorbing against the trend
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GoldDiggerDuck
· 01-07 04:19
The major exchanges are trying to dump, Gate's counterattack to absorb is quite interesting.
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BlockchainFries
· 01-06 14:52
Gate is really good at absorbing against the trend, knowing how to find opportunities.
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OptionWhisperer
· 01-06 14:51
Gate's move is really brilliant; everyone is dumping their holdings while it's absorbing...
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NonFungibleDegen
· 01-06 14:34
yo gate catching that dip while the big boys panic dump... probably nothing but also maybe everything lol
Ethereum experienced a net outflow of 129,100 tokens in 24 hours, with major exchanges significantly selling off, while Gate defied the trend by absorbing over 5,700 tokens.
【Blockchain Rhythm】On January 6th, on-chain data shows that Ethereum experienced significant selling pressure on centralized exchanges over the past 24 hours. According to Coinglass statistics, the CEXs collectively saw a net outflow of 129,100 ETH during this period, which is quite substantial.
The largest outflows came from major exchanges. One leading exchange alone contributed 123,200 ETH in outflows, accounting for nearly 95% of the total outflow, which is quite aggressive. Following that, another exchange sold 5,590.38 ETH, and a different exchange sold 1,954.38 ETH. The market’s intent to sell off is quite evident.
Interestingly, there was a stark contrast in the opposite direction—Gate.com absorbed 5,737.51 ETH during the same period, ranking first in the global CEX inflow list. This indicates that some funds are actively positioning against the trend, or seeking more competitive trading environments. The flow of funds often reflects the genuine attitudes of professional players towards different platforms.