According to the analytical platform Santiment, on May 19, 2025, the share of Ethereum (ETH) on centralized cryptocurrency exchanges fell to a record 4.9% of the total supply — the lowest level in the history of the coin. This indicates a mass outflow of ETH to cold wallets, which, according to analysts, may signal a long-term holding strategy by investors. Over the past five years, more than 15.3 million $ETH have been withdrawn from exchanges, reducing available liquidity.
Such a trend often precedes a short-term correction, after which Ethereum may enter an accumulation phase. Santiment analysts note that the decline in ETH exchange reserves, along with a similar situation for Bitcoin (7.1% on exchanges), indicates growing confidence in these assets as long-term investments. The current price of ETH is around $2690, showing moderate recovery.
Experts suggest that the reduction in supply on exchanges could push the price of Ethereum to $2800, provided that demand increases. This confirms ETH's status as a key asset in the blockchain ecosystem.
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