Ethereum Exchange Supply Hits Record Low, Fueling ETH Price Speculation
Key Highlights Ethereum exchange reserves have fallen to a historic low of 3.49% of total supply, with 1.16% withdrawn since June 1, according to Santiment data. Approximately 35% of ETH is now staked, while decentralized finance (DeFi) protocols absorb significant additional supply, reducing centralized exchange liquidity. Analysts caution that declining exchange balances alone do not ...