Ethereum

Spot

The post <a href="https://coinpedia.org/crypto-live-news/ethereum-exchange-balances-hit-8-year-low-ahead-of-spot-etf-launch/" rel="noopener noreferrer nofollow">Ethereum Exchange Balances Hit 8-Year Low Ahead of Spot ETF Launch</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Ethereum balances on exchanges have plunged to their lowest levels since 2016, as shown in a recent Glassnode report. This drop, ahead of the anticipated Spot ETH ETF launch in July, comes amidst a significant price decline.
Over the past three weeks, Ethereum’s price has fallen by 9.81%. Despite this, the decreasing exchange balances suggest strong accumulation and investor confidence, even as market volatility remains high.

Ethereum Exchange Balances Hit 8-Year Low Ahead of Spot ETF Launch

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