2 hours ago

Ethereum (ETH) Price: Exchange Supply Drops to Nine-Year Low as Institutions Buy

TLDR ETH exchange supply has dropped to 14.8 million, the lowest level since 2016 About 2.7 million ETH ($11.3 billion) left exchanges in the past month alone Institutional buyers and treasury firms now hold roughly 10% of all ETH in existence Long-term holder selling is countering bullish accumulation, creating sideways price action ETH currently trades [...]

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Source: Blockonomi →