$ETH balances on centralized exchanges have dropped to 8.8%, the lowest since 2015 and down 43% since July. @MilkRoad notes that $ETH continues flowing into staking, restaking, L2s, DATs, and long-term custody, tightening liquid supply. If demand returns, the price could react sharply.
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🔍 INSIGHT: ETH Supply Squeeze Deepens
$ETH balances on centralized exchanges have dropped to 8.8%, the lowest since 2015 and down 43% since July. @MilkRoad notes that $ETH continues flowing into staking, restaking, L2s, DATs, and long-term custody, tightening liquid supply. If demand returns, the price could react sharply.
via: @Cointelegraph
#CoinRank #Crypto #Ethereum