March's Ethereum Rush: $1 Billion Moves into Exchanges - TipRanks.com

March has seen a nearly $1 billion inflow of Ethereum (ETH-USD) into centralized exchanges, marking the largest such movement since June 2022. This trend deviates significantly from recent months, which generally saw Ethereum moving away from centralized platforms. This sudden shift has sparked intrigue and speculation within the cryptocurrency community, raising questions about investor sentiment and the future direction of ETH. Whale Moves and Market Sentiments The transfer of nearly 420,000 Ethereum tokens, valued at approximately $1.47 billion, to cryptocurrency …