Ethereum Supply On Exchanges Reaches New Low Of 14%
On-chain data shows that the percentage of Ethereum supply present on exchanges has set new lows of around 14%. Ethereum Supply On Exchanges Continues To Go Down As pointed out by an analyst in a CryptoQuant post, the ETH supply present on exchanges has been going down since a while now. It has now hit new lows of about 14%. The “percentage supply on exchanges” is an indicator that shows the share of the total Ethereum supply stored in wallets of all exchanges. Usually, this supply present on exchanges is said to be the selling supply of ETH, and so if the indicator’s....
Related News
On-chain data shows the Ethereum Supply on Exchanges has plunged to a new all-time low as investors have continued to withdraw ETH. Ethereum Supply On Exchanges Has Continued Its Downtrend Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the Supply on Exchanges for Ethereum. […]
Research firm Santiment has determined that Ethereum’s supply radius on exchange platforms is at a 28-month low. With 20.1% of ETH in its reserves, the last time the metric was at similar levels was in November 2018. Above is a look at the relationship between the increase in Ethereum supply on the exchanges and fluctuations […]
Ethereum 2.0 now has more than 6.6 million ETH staked. This is more than 5% of the total supply of the cryptocurrency. Staked Ethereum Reaches New Milestone: 5% Of The Total Supply The ETH 2.0 network now has 200k validators accounting for about 6.6 million in Ethereum staked. The current annual percentage return (APR) is […]
Ethereum saw a bounce back above the $3,000 price market, with bullish sentiment gaining momentum among investors, especially those on centralized exchanges. Even with the market experiencing sideways movements, the overall supply of ETH on crypto exchanges has fallen sharply, hitting unprecedented levels. Lowest Supply Of Ethereum On Exchanges Recent signals from on-chain metrics indicate […]
In the midst of the waning action of the Ethereum price, investor sentiment, especially those on centralized exchanges, appears to be holding remarkably strong. Despite experiencing a pullback, causing ETH to lose the $3,000 price mark, the overall supply of the altcoin on cryptocurrency exchanges has fallen sharply, reaching a new multi-year low. Exchange-Held Ethereum […]