1.15 Million Ethereum (ETH) Left Exchanges – And The Exodus Isn’t Slowing
🚀 Ethereum exchange balances have decreased significantly, dropping from 7.70 million to 6.54 million ETH, a 15% decline over eleven weeks, while Bitcoin's exchange balance rose by 1.8% during the same period.
📈 Staking levels for Ethereum remain high, with significant corporate investments, including BitMine Immersion Technologies holding nearly 5% of the supply, primarily staked.
💰 Institutional interest is surging, with US spot Ethereum ETFs attracting $189.15 million in inflows on August 19, pushing August's total past $534 million, driven by major players like BlackRock and Fidelity.
🚀 Ethereum exchange balances have decreased significantly, dropping from 7.70 million to 6.54 million ETH, a 15% decline over eleven weeks, while Bitcoin's exchange balance rose by 1.8% during the same period.
📈 Staking levels for Ethereum remain high, with significant corporate investments, including BitMine Immersion Technologies holding nearly 5% of the supply, primarily staked.
💰 Institutional interest is surging, with US spot Ethereum ETFs attracting $189.15 million in inflows on August 19, pushing August's total past $534 million, driven by major players like BlackRock and Fidelity.