⚠️ Exchanges see $3B Ethereum exit ⚠️
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Over $3 billion worth of ETH has been removed from centralized crypto exchanges since the May 23 approval of spot Ether exchange-traded funds (ETFs) in the US, indicating a potential supply squeeze. According to CryptoQuant data, the amount of Ether on exchanges fell by around 797,000 between May 23 and June 2, equivalent to $3.02 billion.
