In a sudden upside move, Ethereum has strongly reclaimed above the $4,300 price mark as bullish sentiment gradually returns to the crypto market. At the same time, a massive amount of ETH has been observed leaving centralized crypto exchanges, which has led to one of the most crucial moments for the leading altcoin in the ongoing bull market cycle.

Unprecedented Supply Shock For Ethereum Looms

With the price of Ethereum recovering sharply once again, the bullish sentiment and action of investors on crypto exchanges have intensified. Alphractal, an advanced investment and on-chain data analytics platform, revealed that Ethereum is undergoing one of its most dramatic supply movements to date, as large quantities of ETH continue to flee centralized exchanges at an accelera

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