Recent analytics data shows that Ethereum's exchange supply has dropped to lowest level since 2015
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The supply of Ethereum held in exchange wallets has dropped to the 8.41% mark — that is the lowest level since Ethereum Genesis in 2015. Due to that, whale transactions withdrawing ETH from centralized trading platforms went up as high as a six-month peak.impressive rise of 12.70% , surging from $1,638.8 to the brilliant $1,846 level. The surge was fueled by the spike of Bitcoin, which has gone up by over 15% since the start of the week on the rising hype around the much-expected Bitcoin spot ETF approval this year.
The above-mentioned ETH surge was followed by a 3.11% decline. At the time of this writing, Ethereum is changing hands at $1,789.Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets.
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.AI Token Fetch.AI Soars 35% as Mega Target Comes into View
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