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Ether leaves exchanges faster than BTC as supply tightens
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Bitcoin Ethereum NewsEther leaves exchanges faster than BTC as supply tightens
Ethereum has been exiting exchanges at a faster rate than Bitcoin, with only 8.84% currently held on exchanges, as the supply of ETH becomes increasingly tight. Data retrieved from Glassnode and CryptoQuant indicate that the amount of ETH still held in exchanges is nearly half that of BTC (14.8%). Leon Waidmann, the head of research at the Onchain Foundation, stated that staking is one of the primary reasons why the ETH supply on exchanges is dw…
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