#ethsupplywatch
ethsupplywatch
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#ETHSupplyWatch
Ethereum's exchange balances are becoming an important metric to monitor.
With exchange reserves falling to multi-year lows, the amount of ETH sitting readily available on exchanges appears to be declining.
If demand stays strong while liquid exchange supply remains limited, market dynamics could become increasingly interesting.
For ETH traders, on-chain data deserves as much attention as the price chart.
$ETH #Ethereum #OnChain #Crypto
Ethereum's exchange balances are becoming an important metric to monitor.
With exchange reserves falling to multi-year lows, the amount of ETH sitting readily available on exchanges appears to be declining.
If demand stays strong while liquid exchange supply remains limited, market dynamics could become increasingly interesting.
For ETH traders, on-chain data deserves as much attention as the price chart.
$ETH #Ethereum #OnChain #Crypto
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