Data: Galaxy Digital withdrew 37,808 ETH worth approximately $172 million from CEXs in the past 24 hours

Data: If ETH falls below $4,300, the cumulative long liquidation volume on major CEXs will reach $2.491 billion

Polygon PoS sees net inflow of $3.7 million today, while Ethereum records net outflow of $5.6 million

Analysis: Companies like Circle and Stripe are building proprietary blockchains to establish their own settlement channels, aiming to enhance the efficiency, compliance, and revenue of digital asset payments

Bitwise Analyst: The Growing Queue of ETH Withdrawals May Lead to Significant Market Selling Pressure