Last week, $1.8 billion of ETH flowed out of the exchange, reaching a new high since December 2022

According to IntoTheBlock data, approximately $1.8 billion of ETH flowed out of the exchange last week, marking the highest weekly outflow since December 2022. Although the market's pessimistic sentiment towards ETH prices continues, this trend indicates that many holders view the current price level as a strategic buying opportunity.