Blockchain Nansen, the analytical platform that monitors non-price movements in its networks, shared that Ethereums, which are located in centralized cryptocurrency exchanges, have been moving out for a long time.
According to on-chain data, exchange wallets ETH The amount has fallen from 33 million to 26.5 million since December 2022.
Exiting from central platforms Ethereum When we calculate the material value for tokens, we come across a sensational figure of 11 billion dollars. Crypto experts explain the reason for this situation with the different return opportunities available to ETH holders.
Opportunities for ETH Traders!
In particular, individuals and institutions that make medium and long-term Ethereum investments use the crypto asset for staking activity instead of keeping it on exchanges. Investors who lend their ETH to staking platforms earn passive income without incurring significant additional costs.
With the Shapella update, the ETH staked has been released. After the update, this did not happen as the general market expected a large selling pressure.
According to Glassnode data, Lido Finance is the leader in the stake pool distribution with 33%. Crypto exchanges Coinbase, Kraken and Binance have shares of 11.5%, 7.1% and 5.7%, respectively.
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