Ethereum Supply on Exchanges Drops to 9.2% as Investors Withdraw to Cold Wallets
06/26 15:45
June 26 (Huobi) - Investors have been withdrawing Ethereum from exchanges and storing it in cold wallets, leading to a decrease in Ethereum supply on exchanges. Despite this, Ethereum has seen a 59% increase since the beginning of the year, making it one of the top-performing cryptocurrencies. Large non-exchange Ethereum wallets continue to accumulate more Ethereum while the price of ETH hovers around $1,900 and supply on exchanges drops to 9.2%.
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