Recently, centralized exchanges have shown an Ethereum net outflow phenomenon, with a total outflow of 1105.77 ETH within 24 hours, mainly originating from three exchanges. Meanwhile, South Korean exchange Bithumb has experienced a net inflow of 351.85 ETH against the trend, indicating that market participants have differing views on asset allocation. This outflow phenomenon may signal a change in market sentiment or institutional adjustments, which is worth monitoring.