According to IntoTheBlock, over the past seven days, centralized exchanges have seen net outflows of approximately $380 million worth of Ethereum (ETH), signaling a strong accumulation trend among investors. This sustained outflow typically reduces available supply on trading platforms, which can increase price volatility and potentially support bullish momentum for ETH in the near term (source: IntoTheBlock, May 2, 2025). Traders should monitor exchange wallet balances and on-chain activity as key indicators for upcoming price movements.