Markets· ★★★· bullish·

ETH exchange share falls below 12.7%, gap with BTC at 4 percentage points

  • ETH's share on CEXs is below 12.7%, while BTC's is 16.5%
  • The gap between the assets is about 4 percentage points
  • ETH continues to flow off exchanges, while BTC's stock is stable
  • The data does not show withdrawal volumes by exchange
Why it matters: The shrinking ETH exchange supply may indicate a shift toward long-term holding and reduced selling pressure.
Source: TokenPost