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Ethereum Bullish Signal: Exchange Supply Registers Massive 16.4% Drop

Bitcoinist LogoBitcoinist18h ago

Ethereum Bullish Signal: Exchange Supply Registers Massive 16.4% Drop - Bitcoinist

Quick Summary:

On-chain data shows the Ethereum Supply on Exchanges has seen a sharp decline recently, something that could be bullish for ETH’s price.

A Large Amount Of Ethereum Has Left Exchanges Recently According to data from the on-chain analytics firm Santiment, the ETH Supply on Exchanges has fallen to its lowest point in almost 10 years.

However, the more likely explanation may lie in the rich ecosystem of DeFi and staking services that ETH hosts, which may be where this supply is heading off to in this period of market cooldown.


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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-22 @ 06:00:46 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 469 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 27233777

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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  • URL: https://beamstart.com/news/ethereum-bullish-signal-exchange-supply-1742623563

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