Crypto PM
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Bullish
$ETH Exchange Supply Hits Lowest Level Since 2016.
Ethereum’s exchange supply has fallen to its lowest level since 2016, reflecting growing trader caution and muted short-term sell pressure.
As more ETH is withdrawn from exchanges into long-term holding destinations, liquid supply continues to shrink. On one hand, this makes Ethereum more volatile; on the other, it supports upward price pressure as available supply declines.
#ETH
Ethereum’s exchange supply has fallen to its lowest level since 2016, reflecting growing trader caution and muted short-term sell pressure.
As more ETH is withdrawn from exchanges into long-term holding destinations, liquid supply continues to shrink. On one hand, this makes Ethereum more volatile; on the other, it supports upward price pressure as available supply declines.
#ETH
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