Ether Supply on Centralized Exchanges Dips to 9-Year Low

The supply of Ether (ETH) on centralized exchanges has fallen to its lowest level since November 2015. This significant drop indicates shifting market dynamics and growing confidence among Ethereum holders. It suggests that more investors are opting to hold onto their assets rather than trading them on exchanges.

This declining supply could impact price movements, highlighting a trend of increased scarcity. Traders and investors monitoring ETH should stay alert for potential price rallies as more holders resist offloading their tokens, indicating a bullish outlook for Ethereum.