OnChainSchool
๐ March Sees $913M USD in Net ETH Transfers to CEXs, ยฟSpurred by Regulatory Turmoil๐ช๏ธ?
Despite March not yet drawing to a close, it's already set a new benchmark as the month with the most significant netflow movement (Inflow - Outflow) of Ethereum ($ETH) to Centralized Exchanges since June 2022. The staggering amount exceeds 913 million USD, signaling that the increasing regulatory uncertainty is notably influencing investor sentiment. ๐๐