Ether Supply on Centralized Exchanges Hits 9-Year Low
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Ether (ETH) holdings on centralized exchanges have dropped to 8.97 million tokens, the lowest level since November 2015. This significant reduction in exchange liquidity could potentially trigger an upward price movement, similar to Bitcoin's price surge in January after its exchange reserves hit a 7-year low.
March 24, 2025 | 9:30 am
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Reduced ether availability on exchanges could create buying pressure and potentially drive up ETH prices in the short term.
Historically low exchange reserves suggest decreased selling pressure and potential price appreciation. Similar to Bitcoin's trend in January, reduced liquidity often leads to price increases due to limited supply.
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