ETH on Exchanges Hits Lowest Level Ever

[lingriiddd]

Ethereum is entering its tightest supply environment in history.
Glassnode data shows ETH on centralized exchanges has dropped to 8.7% — the lowest level since Ethereum launched in 2015. That’s a 43% decline since July as staking, restaking, L2 activity, DATs, and long-term custody continue to soak up supply.
Analysts say this quiet supply squeeze could become a major catalyst once market sentiment flips.

[Nahid Hossen]

Low exchange supply is insanely bullish long-term.