Last week saw substantial withdrawal of Ethereum from centralized exchanges, attracting investor attention. Amidst these events, price increases and changes in holder positions were observed.
Withdrawals of ETH from Centralized Exchanges
According to blockchain analytics firm Sentora, nearly $1.2 billion worth of Ethereum was withdrawn from centralized exchanges during the week ending May 13, 2025. This large scale withdrawal indicates that investors continue to accumulate ETH, reducing sell-side pressure.
Price Dynamics and Trading Volume
During this period, the price of Ethereum increased by 4.43%, and trading volume jumped nearly 39% in a single day. These figures indicate increasing interest in ETH among traders amidst market volatility.
Strategic Changes Among ETH Holders
ETH's exchange flows were marked by wild fluctuations between inflows and outflows. Starting from May 6, the netflow situation continued to change, indicating strategic repositioning among Ethereum holders. The negative netflows on May 6 signaled that more ETH was leaving circulation.
Thus, the week ending on May 13 highlighted significant withdrawals of Ethereum from centralized exchanges, record inflows, and price increases, reflecting the importance of strategic behavior among cryptocurrency holders amid market uncertainty.