Large Ethereum transfers to exchanges can have a significant impact on market prices due to the relationship between supply on exchanges and selling pressure. When substantial amounts of ETH arrive on exchanges, it increases the available liquidity for traders, often leading to heightened selling activity. Historically, this has sometimes been followed by a price decline, as the increased supply meets market demand https://blockchainreporter.net/170000-ethereum-transferred-to-exchanges/. Additionally, the psychological impact of seeing large deposits can trigger reactions from other traders, amplifying volatility. In the past 72 hours, fluctuations in Ethereum’s exchange supply have coincided with price movements, suggesting that traders are positioning themselves for potential market shifts. Investors and analysts watch these patterns closely to anticipate trends and adjust strategies accordingly, especially in highly liquid assets like Ethereum.