CryptoQuant reports a net outflow of 574,109 ETH, valued at approximately $2.5 billion, from centralized exchanges over the past week. This coincided with a 15.43% drop in Ethereum's price, falling from $4,587.66 to $3,880. The report suggests that market makers exploited imbalances in futures positions, particularly longs, to manipulate prices downward, benefiting exchanges. It highlights concerns over market makers acting in the interests of exchanges, creating artificial trends, and causing losses for retail investors due to insufficient regulatory oversight.