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Ethereum price bottom? $1.8B in ETH leaves exchanges, biggest outflow since 2022

Cointelegraph.com NewsEthereum’s native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart. Source: Cointelegraph/TradingViewIn the past 83 days, it declined by 51%, translating to an average daily loss of approximately 0.61%. If the losses are compounded daily, the rate increases to about… 

​Ethereum’s native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart. Source: Cointelegraph/TradingViewIn the past 83 days, it declined by 51%, translating to an average daily loss of approximately 0.61%. If the losses are compounded daily, the rate increases to about… 

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