Ethereum Exchange Supply Plummets to Seven-Year Low

A significant drop in Ethereum’s exchange supply has been observed, reaching its lowest point in seven years. This trend signals a shift towards self-custody and staking, with investors actively locking up their ETH for long-term holdings. The reduction in available supply is expected to increase demand for ETH, potentially leading to price gains. Blockchain analytics firm Glassnode confirms this decline, highlighting the growing trend of institutional investment and rising market confidence.