1.15 Million Ethereum (ETH) Left Exchanges – And The Exodus Isn’t Slowing
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Ethereum's reserves run out on centralized trades at an unprecedented speed. A potential shock of supply is clear behind this contraction. This scenario is certainly fuelled by the massive shift of tokens towards long-term custody as well as the return of institutional investors. Such a reduction is amplified by the buy-backs made through ETFs and the various corporate treasury strategies. However, the US executive communicates new signals to th…
1.15 Million Ethereum (ETH) Left Exchanges - And The Exodus Isn't Slowing
Ethereum exchange balances have continued to decline, moving in the opposite direction to Bitcoin over the same three-week period. ETH supply on trading platforms fell from around 7.70 million on June 2 to about 6.54 million on August 18, which puts roughly 1.15 million coins off exchanges, or around 15% over eleven weeks. ETH Moving Out According to Santiment’s latest analysis, Bitcoin moved the other way, as its exchange balance rose about 1.8…
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BITRSS1.15 Million Ethereum (ETH) Left Exchanges – And The Exodus Isn’t Slowing
Ethereum exchange balances have continued to decline, moving in the opposite direction to Bitcoin over the same three-week period. ETH supply on trading platforms fell from around 7.70 million on June 2 to about 6.54 million on August 18, which puts roughly 1.15 million coins off exchanges, or...
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