Ethereum Exchange Flux Turns Negative as Accumulation Rises, ETH Could See Supply Squeeze and Rally

Ethereum exchange flux shows net outflows and rising ETH accumulation, signaling reduced sell-side pressure and a potential short-term bullish setup for ETH. Netflows and flat exchange reserves suggest investors are moving ETH to private wallets, supporting a tighter supply outlook.

• Netflows turned negative for the first time; 36,089 ETH moved net out of exchanges in 24h.
• Exchange reserves remained ~17.3 million ETH, indicating limited immediate selling supply.
• Accumulation climbed to 2.23 million ETH, with mid-term SMAs showing bullish momentum (100-day above 200-day).

What is Ethereum exchange flux and does it signal an ETH bull run？

Ethereum exchange flux is a netflows metric that measures cumulative ETH moving in and out of exchanges. A negative flux indicates more withdrawals than deposits, which often reduces available sell-side supply and can support bullish price moves in the short term.

How did recent netflows and reserves behave, and what does that mean？

Exchange Netflows data showed a 24-hour net outflow of 36,089 ETH, while broader Exchange Flux Balance also recorded its first-ever negative reading. These readings imply investors are withdrawing ETH to private custody or staking, tightening liquid supply.