#BinanceABCs #美国非农数据超预期
Is Ethereum 'disappearing'? Exchange reserves hit an eight-year low, whales start accumulating in secret!
Just now, CryptoQuant revealed key data: Ethereum's reserves on exchanges have dropped to their lowest point since 2016! What does this mean? Simply put—available 'bullets' for selling are rapidly decreasing, and market sentiment has quietly changed.
$Binance Life
Data shows that more and more ETH is flowing from exchange wallets to private wallets. This is not only a signal of 'holding coins' but also directly alleviates short-term selling pressure. Traders seem to have entered a cautious mode, preferring to hold and wait rather than sell easily. Are they waiting for the next wave of action?
Historical data has repeatedly confirmed: a significant decline in exchange reserves is often accompanied by key price reversals. Currently, miners and long-term holders' positions are becoming increasingly stable, and the circulating supply continues to tighten. Is this the calm before the storm? Or the beginning of a new round of positioning?
Elon Musk concept Little 'Milk' 🐶, 'p●u●p●p●i●e●s'
Is your ETH still on the exchange? Leave your judgment in the comments—should we exit at a high or wait for an explosion? 👉 Like and follow for the first time to get on-chain data interpretations!