The Ethereum currency shows signs of strength as exchange reserves reach their annual low
The price of Ethereum rose over the past week amid a broader recovery in the cryptocurrency market.
Trading reserves dropped to 18.32 million Ethereum, down 7% from their peak in February.
The increase in leverage ratio indicates growing optimism among traders despite the year's volatility.
Ethereum (ETH) has shown remarkable resilience, with prices rising by 9% in the past week, as the cryptocurrency market seeks to recover from its recent decline. While the second-largest cryptocurrency by market capitalization benefits from improved overall market sentiment, two key on-chain indicators suggest that this upward momentum may be more than just a temporary rebound.
On-chain data reveals that Ethereum's cryptocurrency reserves have fallen to their lowest level in 2025, currently standing at 18.32 million Ethereum. This represents a significant decline of 7% from its annual peak of 19.74 million coins recorded on February 2. This metric, which measures the total amount of Ethereum held in trading wallets available for spot trading, provides insights into the behavior of its holders and potential price pressures.