CoinCodex: Ethereum Consolidates Above $3,000 as Exchange Outflows Continue to Grow
The second-largest market cap digital currency has reclaimed the $3,000 price tag earlier this week and is at press time up more than 13% in the last seven-day period. The considerable price increase coincides with growing exchange outflows, which could indicate that Ethereum is currently in the midst of an accumulation phase, much like Bitcoin.
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