Ethereum exchange reserves fall to lowest level since 2016
Throughout 2024, the exchange's Ethereum (ETH) balance has declined significantly. At the beginning of the year, it was 14 million ETH, and the exchange's reserves have gradually decreased, dropping below 12.5 million in late June, and reaching around 11.7 million ETH in early August. This coincides with the volatility period of the Ethereum price, fluctuating around $4,000 in March to a significant drop in late July. (Cryptoslate)
