ONE OF THE MOST BULLISH ETHEREUM SUPPLY SIGNALS RIGHT NOW!
Only 13.1% of $ETH supply remains on centralized exchanges, down from roughly 28% in 2021, according to Glassnode.
That's a decline of nearly 15 percentage points, with exchange balances continuing to hit new lows.
Meanwhile, more ETH is being staked and used across DeFi.
ETH prices may be struggling, but the amount of supply sitting on exchanges keeps shrinking. 👀
#Ethereum #OnChain $ETH
Only 13.1% of $ETH supply remains on centralized exchanges, down from roughly 28% in 2021, according to Glassnode.
That's a decline of nearly 15 percentage points, with exchange balances continuing to hit new lows.
Meanwhile, more ETH is being staked and used across DeFi.
ETH prices may be struggling, but the amount of supply sitting on exchanges keeps shrinking. 👀
#Ethereum #OnChain $ETH
