Ethereum Supply Is Moving Differently 👀
One interesting on-chain trend is the changing amount of crypto held on exchanges.
Santiment data has highlighted that Ethereum’s exchange supply has continued to stay low, while Bitcoin exchange balances have recently started moving higher again.
These shifts can matter because exchange balances sometimes give clues about how much supply is readily available for trading.
But one metric alone doesn’t tell the whole market story.
For me, the key takeaway is simple:
Watch the data, understand the trend, and don’t let one signal become the entire thesis.
DYOR.
#CryptoRally #FOMCWatch #BinanceSquareFamily $ETH
One interesting on-chain trend is the changing amount of crypto held on exchanges.
Santiment data has highlighted that Ethereum’s exchange supply has continued to stay low, while Bitcoin exchange balances have recently started moving higher again.
These shifts can matter because exchange balances sometimes give clues about how much supply is readily available for trading.
But one metric alone doesn’t tell the whole market story.
For me, the key takeaway is simple:
Watch the data, understand the trend, and don’t let one signal become the entire thesis.
DYOR.
#CryptoRally #FOMCWatch #BinanceSquareFamily $ETH