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Ethereum exchange reserves

cryptocurrency February 22, 2022

Ethereum had seen its balances on exchanges decline through 2021. This happened despite continuous market rallies that sent the digital asset towards all-time highs. Investors had accumulated all through bull rallies instead of trying to dump their coins, leading to reduced supply on centralized exchanges. This was also propelled forward by the growing popularity of […]

cryptocurrency October 29, 2021

As Ethereum’s price approaches new all-time highs, the coin’s supply shock seems to be deepening with exchange reserves declining 18% in the last five months. Advertisements Ethereum Exchange Reserves Are Down 18% In The Last 5 Months As pointed out by a CryptoQuant post, ETH’s exchange reserves seem to have declined a lot in the […]

cryptocurrency September 17, 2021

Exchange supply in the crypto market has been down across the board, and Ethereum has been no exception. The digital asset has grown in popularity due to the rise of decentralized finance (DeFi). Due to its token being the primary mode of payment on the protocols and Ethereum being the largest smart contracts platform in […]