Citing TheCCPress, Ethereum's supply on centralized exchanges has dropped to a historic low of 8.7–8.8% of total supply, according to Glassnode data. This decline reflects increased accumulation by institutional buyers and digital asset treasuries, with a large portion of ETH now held in staking contracts, DeFi, and long-term custody. The reduced liquidity may impact market dynamics and increase price volatility, similar to conditions before the 2021 ETH rally.
Ether Exchange Supply Hits Record Low of 8.7%
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