Ethereum Exchange Balances Plummet: Is a Supply Squeeze Imminent?

Ethereum exchange balances have plummeted to their lowest point ever, raising the possibility of a supply squeeze impacting market dynamics. The latest analysis reveals only 18.8 million ETH is left on exchanges. This significant decline signifies a growing scarcity, with large institutional investors moving ETH off centralized platforms and into secure storage or staking solutions. Analysts are closely watching this trend as it could fuel an even stronger rally for Ethereum towards new highs.