​​Ethereum Supply on Exchanges Drops as Price Climbs



Over the past month, more than 1 million ETH have been withdrawn from centralized exchanges, which accounts for approximately 5.5% of the total ETH held on these platforms. This trend suggests that users are increasingly choosing to accumulate Ethereum rather than trade it. The recent Pectra upgrade, which went live on May 7, may further support this behavior and, in turn, add upward pressure to Ethereum’s price.
ETH-0,07%
OVER-1,88%
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