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Ethereum Cointelegraph

Ethereum balance on crypto exchanges falls to lowest levels since 2018

Nearly $1.61 billion worth of Ethereum tokens has left crypto exchanges year-to-date, ahead of its protocol‘s potential full merge to proof-of-stake in summer.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethereum balance on crypto exchanges falls to lowest levels since 2018

Nearly $1.61 billion worth of Ethereum tokens has left crypto exchanges year-to-date, ahead of its protocol‘s potential full merge to proof-of-stake in summer.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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