Ethereum Exchange Supply Falls by 410,000 ETH as ETF Inflows Accelerate
- —410,000 ETH withdrawn from exchanges in the past month
- —US spot Ether ETFs attracted $680 million over four sessions
- —Shrinking exchange supply may support ETH prices
Why it matters: Falling exchange supply combined with steady ETF inflows reduces sell-side pressure and could set the stage for an ETH price recovery.
Source: Coinfomania