Nov 14 2020

Percentage of Ethereum Held on Crypto Exchanges Drops to a 2 Yr Low

published by John P. Njui
in blog Ethereum World News
original entryPercentage of Ethereum Held on Crypto Exchanges Drops to a 2 Yr Low

defi ethereum (eth) ethereum (eth) news ethereum network

Quick take: The percentage of Ethereum being held on crypto exchange is at 13.35% of the total supply in circulation This value is the lowest since November 23rd, 2018 DeFi and preparation for ETH2.0 staking could be two reasons why this is so It could also indicate that whales are least likely to dump their ETH, at least in the short term The...