Derivatives exchanges have received a large influx of Ethereum deposits, signaling potential volatility in the ETH price.
Positive spikes in Ethereum Exchange Netflow indicate investors depositing ETH to derivatives exchanges to open positions on the derivatives market.
Increased risk and volatility are expected as more investors deposit ETH to derivatives exchanges, potentially leading to a bearish outcome.
The recent spike in Ethereum Exchange Netflow shows a net deposit of about 82,000 ETH to derivatives platforms, indicating the potential for higher volatility in ETH.