This weekend, Ethereum witnessed a massive outflow of over $605 million from exchanges. This significant withdrawal could indicate a shift towards price stability as ETH continues to trade below the crucial resistance level of $2,850. Market analysts suggest that such outflows may hint at long-term holding by investors, which typically supports price resilience. As the cryptocurrency market evolves, traders are keenly watching how these movements affect the upcoming price trends for Ethereum. With the market’s volatile nature, such significant exchanges can foreshadow future market dynamics. Investors should stay alert and consider the implications of these activities on their strategies.