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ETH Exchange Supply Dips to 15.5M as On-Chain Momentum Shifts Bullish

Guavy AI Editorial Team
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ETH
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Ethereum's on-chain momentum has turned bullish as its exchange supply has fallen to 15.5 million ETH, according to data from CryptoScreener.

This decline in exchange supply is a positive indicator for Ethereum, suggesting that investors are holding onto their coins rather than selling them.

With the decrease in exchange supply, it's likely that demand for Ethereum will increase, which could lead to an upward price movement.

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