This situation can reduce sales pressure, leverage positions can be closed and Ether can increase the likelihood of moving to cold wallets. The amount of Ether from the derivative exchanges has reached the highest level since August 2023.

On February 6, the Ether net flow of crypto derivative exchanges was negative at 300,000 ETH level. The value of this output was calculated as $ 817.2 million. When the news entered the broadcast, Ether was traded at $ 2,724.

Cryptoquant Analyst Amr Taha said in his analysis of 6 February that this development carries the rise signal. According to Taha, investors withdraw their ether from derivative exchanges reduces sales pressure and ensures the closure of leveraged positions. In addition, the possibility of moving these assets to cold wallets is evaluated.

Taha said that the increase in the amount of ether with the derivative exchanges çalıştır reduces the supply that can be used immediately for sales ve and makes it difficult for the price to fall. Investors generally prefer to hide or stake long -term while withdrawing their assets from the stock markets. This leads to a decrease in the amount of ether ether can be sold in the market and restricting the supply.

In the last 30 days, ETH has lost 19.42 %and has been traded below $ 3,000 since February 3. According to analysts, if the demand remains constant or increases, the pressure on the price of Ether may decrease and the price may move upwards again.

Crypto analyst Kyle Doops also shared his X account on February 6, “Such large outlets often mean less sales pressure and important position closing - this is usually a rise signal,” he said.

A large amount of exit from the Ether derivative exchanges is evaluated with a few factors that support the expectations of rise for Ether. One of them is the possibility of Ether Stock Exchange Investment Fund (ETF) for Ethereum.

This fund can provide investors the opportunity to obtain passive return through stacted Ether, rather than buying Ethereum directly.

Consensys founder Joe Lubin, in a recent interview with Cointelegraph, ETF exporters’ funds that offer the possibility of stake, said he expects the organizers to get approval from the organizers soon.

Lubin said, “We have interviewed with ETF providers and they are already working hard. They think they will get approval soon. ”

This development took place just a few days after US President Donald Trump’s son Eric Trump shared on the X platform “a great time to add ETH”. Donald Trump’s World Liberty Financial Crypto project continued to increase Ether’s assets.

Ethereum began to play a major role in various web3 platforms such as Phantom Wallet developed for the Solana network in 2021. In recent months, with the expansion of the Ethereum network, Ether’s usage areas have increased. Ethereum’s Layer 2 solutions such as Base and alternative Layer 1 networks such as Sui contribute to the growth of the ecosystem.