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Re:Cloudflare's Ethereum Gateway by madhancr on Wednesday June 19, 2019 @05:30PM (#20227559)
ICO selling is mostly over - https://diar.co/ethereum-ico-treasury-balances/

It does not affect the price anymore compared to daily trading volumes

Re:Cloudflare's Ethereum Gateway by nostrademons on Wednesday June 19, 2019 @06:11PM (#20227873)
The zero-point on that graph is 2.5M ETH. It's certainly down significantly from last year, particularly when measured in dollar terms, but in terms of ETH wallets it's just about half. Withdrawals on the site you cited are at about 2/3 of their 2018 averages.