Altcoins News
By Sakamoto Nashi
1 / 15
Exchange Balances Fall to 14.8 Million ETH. According to Glassnode, Ethereum balances on exchanges have declined to just 14.
2 / 15
What Falling Exchange Balances Mean. When Ethereum leaves exchanges, it is typically a sign of reduced selling pressure.
3 / 15
Net Outflows at Highest Since 2022. Recent data highlights the pace of this shift. CryptoQuant reported that the 30-day moving average…
4 / 15
Digital Asset Treasuries Lead Accumulation. One of the driving forces behind this supply reduction is the aggressive accumulation by corporate…
5 / 15
ETFs Add to Institutional Demand. Spot Ethereum exchange-traded funds (ETFs) in the United States have also seen strong inflows.
6 / 15
Analysts Call It Ethereum’s “Wall Street Glow-Up”. The surge in institutional interest has prompted some market analysts to describe Ethereum’s…
7 / 15
ETH Price Faces Short-Term Pressure. Despite these bullish signals, Ethereum’s price has not been immune to broader market corrections.
8 / 15
The amount of Ethereum held on centralized exchanges has dropped to its lowest level in nine years, signaling a growing wave of institutional accumulation and long-term holding…
9 / 15
According to Glassnode, Ethereum balances on exchanges have declined to just 14.8 million ETH as of Thursday — the lowest level since 2016.
10 / 15
CryptoQuant data paints a similar picture. Its exchange supply ratio — which measures the share of ETH held on exchanges compared to total supply — has fallen to 0.
11 / 15
When Ethereum leaves exchanges, it is typically a sign of reduced selling pressure. Instead of keeping funds on trading platforms, investors often move their ETH into cold…
12 / 15
Conversely, an increase in exchange balances usually signals that investors are preparing to sell.
13 / 15
Recent data highlights the pace of this shift. CryptoQuant reported that the 30-day moving average of net Ethereum exchange flows has reached its highest level since late 2022,…
14 / 15
“Large-scale withdrawals often indicate a shift toward self-custody or DeFi deployments, reducing exchange liquidity and immediate selling pressure,” said CryptoOnchain, a…
15 / 15
Glassnode’s metrics back this up, with the platform reporting a negative net position change of 2.18 million ETH on Wednesday.
The Currency Analytics
Want the full story?