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Ethereum exchange supply plunges 73% from June 2020 peak

  • Ethereum exchange balances have fallen 73% from their June 2020 peak.
  • 6.06 million ETH remains on exchanges, down from 22.9 million.
  • ETH has moved into staking, ETFs, treasury strategies and long-term custody.

Ethereum held on exchanges has fallen 73% from its June 2020 peak, dropping from 22.9 million ETH to 6.06 million. The decline coincides with more ETH moving into staking (locking crypto to earn rewards), ETFs, treasury strategies and long-term custody.

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Ethereum exchange supply plunges 73% from June 2020 peak - CoinPost Terminal