The Ethereum balance on cryptocurrency exchanges has dropped by 1.4 million ETH since June, a significant decline that contrasts with a slight increase in Bitcoin balances during the same period. This trend suggests that investors have been withdrawing their ETH from exchanges, possibly to use it for non-trading purposes or to transfer it to personal wallets.
Source
"ETH Exchange Reserves Plummet by 1.4M" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
ETH · 7D · $2,642−0.7%