Ethereum’s Exchange Balance Reaches A Stunning 5-Year Low, Following Bitcoin’s Decline
By Xavi Pepple |
In a parallel trend to Bitcoin, Ethereum’s exchange balance has been steadily decreasing, reaching a five-year low. Data from Glassnode, an on-chain analytics firm, reveals that the amount of Ethereum held on exchanges has dwindled to 17.86 million, the lowest value since April 2018. This …