ETH Drops To 6-Week Lows
The amount of ETH on crypto exchanges continues to fall, and it is now at its lowest point since public trading began nearly a decade ago.
However, the price of the second-largest cryptocurrency has continued to fall, reaching a new 6-week low.
In late March, CryptoPotato reported that the Ethereum supply held on exchanges had fallen to just 10.31%.
Investors appear to have continued withdrawing their ETH portions from trading platforms, as Santiment reported that the percentage has dropped to 10.1%.
According to the analytics resource, this is the lowest figure since the asset’s initial public offering in 2015.
(With inputs from Shikha Singh)
You need to login in order to Like
