Ethereum Exchange Outflows Top 220,000 ETH as Price Hovers Near $2,000

Ethereum is trading around $2,000 amid elevated volatility, while recent exchange data points to growing self-custody. According to CryptoQuant, net outflows across major platforms exceeded 220,000 ETH, with Binance recording about -158,000 ETH on February 5. Reduced exchange balances may limit near-term sell pressure, but confirmation from momentum and flows is still needed.