Ethereum News Today: Ethereum Netflow SMA30 Hits -40000 ETH as Exchange Outflows Signal Strong Accumulation

Ethereum’s 30-day netflow average has turned deeply negative, reaching -40,000 ETH as of August 12, 2025, signaling strong buying pressure and steady accumulation across the market [1]. This negative reading reflects an average daily outflow of 40,000 ETH from exchanges over the past month, with over 1.2 million ETH withdrawn in July alone [1]. The trend indicates a broad shift toward long-term holding rather than selling, as netflow measures the difference between inflows and outflows on exchanges. Negative values typically suggest accumulation, while positive values are often linked to selling activity [1].

The negative netflow has been amplified by the purchasing activity of spot Ethereum ETFs, which have added to the buying-driven reduction in exchange liquidity [1]. According to CryptoQuant analyst Burak Kesmeci, this combination of sustained outflows and ETF demand has tightened supply on exchanges, creating a market environment that supports price resilience [1]. The analyst emphasized that while daily outflow figures—such as the 100,000 ETH withdrawn in a single day—can attract attention, the 30-day moving average provides a more accurate representation of the broader trend [1].

Historically, extended periods of negative netflow have coincided with upward price trends in Ethereum. This pattern is attributed to reduced supply meeting consistent demand from both institutional and retail investors [1]. As long as the SMA30 remains in negative territory, market conditions are expected to continue favoring buyers. Analysts note, however, that a shift in the trend—marked by the SMA30 turning positive—could signal increased selling pressure and potentially lead to a reversal in price direction [1].

The ongoing accumulation appears to be supported by Ethereum’s overall market structure. With over 1.2 million ETH removed from exchange wallets in the last month, the reduced availability of ETH on exchanges is contributing to a bullish narrative [1]. Market participants remain cautious but optimistic, noting that unless inflows increase significantly and push the SMA30 back into positive territory, the current buying-driven momentum is likely to persist in the short term [1].

Source: [1] Ethereum’s Netflow SMA30 Turns Deep Negative as Buying Pressure Builds (https://cryptofrontnews.com/ethereums-netflow-sma30-turns-deep-negative-as-buying-pressure-builds/)