Whale Deposits Lift Ethereum Exchange Balances to 14.93M, a One-Month High
- —Exchange-held ETH reached 14.93 million tokens on October 14
- —Balances climbed from roughly 14.59 million in late September
- —ETH price dropped 4.45% over the past week
Why it matters: Rising exchange reserves signal sell-side pressure as whales position coins for potential sales, which could weigh further on ETH's price.
Source: Coinotag