Ethereum Exchange Balances Dip to Three-Month Low
CryptoNewsTerminal Staff24 May, 2024
Ethereum Exchange Balances Dip to Three-Month Low
Nansen, a blockchain analytics firm, has reported that the total amount of Ethereum (ETH) held on centralized exchanges has dropped to a three-month low of 20,288,992 ETH. This suggests that investors are anticipating price appreciation and are moving their ETH into non-custodial wallets for long-term holding.