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$1.2B in Ether withdrawn from centralized exchanges in record daily outflow By Cointelegraph

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$1.2B in Ether withdrawn from centralized exchanges in record daily outflow

More than $1 billion worth of Ether has been removed from centralized exchanges in 24 hours, leading to speculation about imminent price gains for as supply shrinks on many trading venues.

According to data from crypto analytics provider IntoTheBlock on September 16, $1.2B worth of Ether was withdrawn by centralized exchanges to set a new record for short-term outflows.