Ethereum reserves on CEXs continue to decline, with only 18.39 million remaining
On August 17, according to on-chain data from CryptoQuant, Ethereum reserves on centralized exchanges (CEX) have continued to decline, with only 18.39 million ETH remaining—this is the lowest level since October 2022. A similar trend can be observed with Bitcoin, as current Bitcoin reserves on CEX are around 2.52 million, also marking the lowest level since October 2022.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: KNTQ token valuation reaches 170 millions USD, protocol TVL has dropped by 60%
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance
Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Trending news
MoreCrypto prices
More
