TL;DR
- Ether (ETH) on exchanges hits its lowest since May 2018; 115.88M ETH now outside centralized platforms.
- 110,000 ETH moved off exchanges on October 4, suggesting reduced selling pressure.
- Bitcoin (BTC) on exchanges reaches a 5-year low; top holders control over 66% of the circulating supply.
Lowest Figure in More Than Five Years
As revealed by the blockchain analytics platform Santiment, the amount of Ether (ETH) that currently sits on cryptocurrency exchanges has dropped to 10.66 million coins. The last time the figure was that low was in May 2018. On the contrary, 115.88M ETH is situated outside centralized platforms, which is an all-time high mark.
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