While the price of Ethereum is holding above $3,800 and is experiencing a renewed bullish action, there is also a noticeable newfound optimism among investors and traders. With ETH gradually regaining upside traction, a significant portion of ETH has been leaving crypto exchanges at a rapid rate.

Investors Are Pulling Ethereum In Droves

Ethereum’s recent price performance is witnessing a notable reaction from both investors and traders alike. An optimistic trend is currently being observed among these investors, showcasing renewed confidence in ETH’s price trajectory.

From the report shared by Merlijn The Trader, a crypto expert, it shows that Ethereum’s on-chain dynamics are tightening as exchange withdrawals surge to new highs. This withdrawal from crypto exchanges sign

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