TechFlow news, according to Santiment data, approximately 224,400 Ethereum flowed out from exchanges between February 8 and 9, marking the highest single-day net outflow in nearly 23 months.
Although this is more of a long-term indicator, it serves as a strong signal for the currently underperforming Ethereum price. When assets flow out of exchanges, it typically indicates investor confidence in long-term holding. A reduced supply of tokens available for public trading also implies a lower likelihood of massive sell-offs in the future.
It should be noted that Ethereum's performance in 2025 will still largely depend on Bitcoin's ability to maintain stability and attempt a return to its all-time highs.
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