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📊 On Friday, whales withdrew approximately $1.29 billion in USDT from Ethereum exchanges, marking the largest outflow in the past three months, according to Santiment. Despite the reduction in readily available capital on trading platforms, this should not be seen as an unequivocal bearish signal. Usually, money does not leave the ecosystem entirely; it is a matter of redistribution.
However, after a $3.72 billion outflow on February 9, experts noted a two-week correction in Bitcoin.