The amount of ETH on exchanges is now only 8.7%, the lowest level since 2015. This indicates that ETH is being withdrawn from exchanges strongly, creating a risk of supply shortage.
Since July, the amount of ETH on exchanges has decreased by 43%, coinciding with the period when major institutions began buying in.
Quick comparison: ETH on exchanges: 8.7% BTC on exchanges: 14.7%
ETH is flowing into "non-selling" places such as: - Staking and restaking - Layer-2 - Institutional accumulation (DAT) - Cold wallets - Collateral assets in DeFi #PostonSquaretoEarn$50
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The amount of ETH on exchanges is now only 8.7%, the lowest level since 2015. This indicates that ETH is being withdrawn from exchanges strongly, creating a risk of supply shortage.
Since July, the amount of ETH on exchanges has decreased by 43%, coinciding with the period when major institutions began buying in.
Quick comparison:
ETH on exchanges: 8.7%
BTC on exchanges: 14.7%
ETH is flowing into "non-selling" places such as:
- Staking and restaking
- Layer-2
- Institutional accumulation (DAT)
- Cold wallets
- Collateral assets in DeFi
#PostonSquaretoEarn$50