Ethereum’s Exchange Supply Hits 9-Year Low — Is a Supply Shock Ahead?

$ETH supply on exchanges has dropped to 8.97M $ETH, the lowest since November 2015, according to @santimentfeed. Investors continue moving $ETH to cold storage, reducing available liquidity.

BTC saw a similar trend in January when exchange reserves hit a 7-year low, followed by a sharp price surge.

Meanwhile, $ETH/ $BTC is at a 5-year low, and spot ETFs have recorded 12 straight days of outflows, reflecting ongoing market pressure.

#WhaleMovements #Ethereum #ETFWatch #BinanceAlphaAlert #BNBChainMeme