Ethereum supply on exchanges has dropped by around 15% over the past 11 weeks, according to Santiment.
More $ETH is moving away from exchanges, which can suggest that investors are holding their coins for longer instead of keeping them ready to sell.
Bitcoin is moving differently, with exchange balances starting to rise again. Around 28,000 $BTC has recently moved back to exchanges after balances reached a low in July.
#Bitcoin Price Prediction: What is Bitcoins next move?# #ETHBlockchain #Ethereum
More $ETH is moving away from exchanges, which can suggest that investors are holding their coins for longer instead of keeping them ready to sell.
Bitcoin is moving differently, with exchange balances starting to rise again. Around 28,000 $BTC has recently moved back to exchanges after balances reached a low in July.
#Bitcoin Price Prediction: What is Bitcoins next move?# #ETHBlockchain #Ethereum