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Ethereum Supply Held on Exchanges Falls to Lowest Level in Ten Years
(8 hours ago) · 1 source · Summarized by CryptoBipto
The amount of Ethereum held on cryptocurrency exchanges has dropped to its lowest point in roughly a decade. This trend suggests that holders are moving ETH off exchanges and into private wallets or staking contracts, reducing the immediately available supply on trading platforms.
WHY IT MATTERS
Cryptocurrency exchanges are platforms where people buy and sell digital assets.
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SOURCES
- cryptopotato.com
RELATED
ETHEthereumOn-Chain DataExchange SupplyStakingSelf-Custody
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