Ethereum’s Exchange Balances Hit Record Lows: A Sign of Recovery?
Ethereum (ETH) has been trading within a narrow price range, indicating market indecision. However, the balance of Ethereum on exchanges has hit record lows, which could signal the beginning of a significant rebound. A decreasing exchange balance typically suggests that investors are holding onto their assets rather than selling. As market dynamics shift, will ETH find its footing again, or will the market conditions deter a recovery?