The Ethereum withdrawal wave is still ongoing! In the past 24 hours, CEXs saw a massive outflow of 38,700 ETH—these three platforms led the rush.
On January 16, according to BlockBeats citing Coinglass data, the net outflow of Ethereum from cryptocurrency exchanges (CEXs) reached 38,700 ETH within the past 24 hours—the withdrawal trend clearly hasn't cooled down.
Looking at platform movements, the list of the top three outflows is interesting: Bithumb directly drained 25,300 ETH, firmly securing the top spot; Bybit followed closely with an outflow of 18,200 ETH; even Binance contributed 8,762.69 ETH in outflows. This movement of funds from centralized exchanges has been one of the most concentrated in recent times.
However, the market wasn't one-sided: OKX reversed the trend, recording a net inflow of 21,800 ETH, claiming the top spot on the inflow list and becoming the main承接 force in this round of fund movement.
From these figures, it's evident that some investors in the current crypto market are adjusting their positions—either moving coins from CEXs to personal wallets for self-custody, or reallocating funds across different platforms. Whether this withdrawal wave will continue to intensify likely depends on Ethereum's future price movement.
