1.2 billion USD worth of ether leaves CEXs in seven days, hinting strong accumulation

1.2 billion USD worth of ETH exited centralized exchanges (CEXs) over the past seven days, suggesting strong accumulation as trends of net outflows have intensified since early May. Investors appear to be relocating ETH to cold storage, anticipating potential bullish movements.

On May 13, 2025, Ethereum ETFs saw net outflows of about 4,189 ETH, primarily led by Fidelity. The market sentiment reflects ongoing accumulation, as significant withdrawals continue to be observed, supporting bullish momentum for ETH.

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