$ETH ETH is becoming increasingly scarce. Crypto exchanges are experiencing high Ethereum outflows.

Since the beginning of April, investors have withdrawn nearly 1,000,000 ETH, worth $2.5 billion, from crypto exchanges. Is Ethereum now starting to catch up?

While the Ethereum price is targeting $2,600, ETH holdings on crypto exchanges continue to decline. According to new on-chain data from Glassnode, nearly one million ETH have been withdrawn from broker platforms since the beginning of April.

While there were 18.01 million ETH on exchanges on April 6, this figure fell to just 17.12 million ETH yesterday, Wednesday. This means that the Ethereum holdings of Binance, OKX, Kraken, and others are once again at their lowest level since November of last year.#Write2Earn