Ethereum Exchange Supply Plummets 73% Amid Price Volatility
Ethereum's supply on exchanges has seen a significant drop of 73% since June 2020, now standing at 6.06 million ETH.
This decline indicates that more ETH is being held in staking, ETFs, corporate treasuries, and long-term custody, reducing the liquid supply available for trading.
As a result, the reduced exchange supply could lead to more sensitive price movements, as fewer coins are available for immediate sale.