The total amount of Ethereum (ETH) on centralized exchanges has approached an all-time low.
Current data from on-chain analytics platform Glassnode Ethereum on centralized exchanges (CEX) amount of fell to its lowest level in 5 years. revealed. April 25 Thursday According to the latest data received on the day, the amount of ETH in all central exchanges is equal to the total supply in circulation. 14.85%It has decreased enough to correspond to . this level 2021 in the year bull in season 25-26% was around.
This decrease in supply in central stock exchanges is especially 2020 gained momentum as of the year and in 3 years in the stock markets Ethereum amount 50% experienced a decrease of approx. In addition, this rate is the first time since 2018. 15% of under declined.
A withdrawal at this level 2016 was seen in. Since then, the amount of ETH in the exchanges, which has been positioned at partially higher levels, is especially Shanghai with the update staking In line with the growing interest in a big setback showed.
Ethereum staking annual rate of return (APR) All-time high on May 15 (ATH) reaching the network validator (confirmatory) the number of record saw the level.
According to market analysts, this is what happened in centralized exchanges. shortage of supply Ethereum price positive may reflect. In line with the general view, this is the case if there is a decrease in supply even if the demand remains the same. rise can be interpreted as a signal. On the other hand, since the amount in the stock markets is gradually decreasing, the selling pressure is at the point. a decline is expected.
