๐ฐ A notable and fascinating divergence between Bitcoin and Ethereum! ๐
โ๐น ETH supply on exchanges: only about 13.5%
๐น BTC supply on exchanges: about 16.6%
โEthereum balances on exchanges continue to decline, while Bitcoin balances have risen recently. ๐๐
โAt the same time, more Ethereum is being locked through staking and deployed in decentralized finance (DeFi) applications. These are signs of Ethereumโs underlying strength and a shortage of liquidity available for spot sales! ๐๐ฅ
$ETH
$BTC
โ#Ethereum #Bitcoin #ETH #BTC #defi i #BinanceSquareFamily e #Cryptocurrencies
โ๐น ETH supply on exchanges: only about 13.5%
๐น BTC supply on exchanges: about 16.6%
โEthereum balances on exchanges continue to decline, while Bitcoin balances have risen recently. ๐๐
โAt the same time, more Ethereum is being locked through staking and deployed in decentralized finance (DeFi) applications. These are signs of Ethereumโs underlying strength and a shortage of liquidity available for spot sales! ๐๐ฅ
$ETH
$BTC
โ#Ethereum #Bitcoin #ETH #BTC #defi i #BinanceSquareFamily e #Cryptocurrencies