Data: Trading platform ETH stocks hit all-time low after crypto market gains this week
According to Santiment, a chain data aggregator, on October 25th, while ETH prices broke through the $1,850 level for the first time in nearly three months, a whale address chose to transfer ETH out of the trading platform. The supply of ETH held in the trading platform's wallet has dropped to 8.41%, the lowest level since Ethereum's inception in 2015. Meanwhile, the whale address extracting ETH from centralized trading platforms has reached its highest level in six months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ether price eyes $3.7K despite $1.3B whale sell-off
Sui, Franklin Templeton synch ecosystem partnership
Blockchain Association outlines crypto priorities for Trump’s first 100 days
Solana sets all-time high of $263
SOL has climbed more than 2,000% in the past two years
Trending news
MoreCrypto prices
More
