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Ethereum Exchange Balances Rise Sharply
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Ethereum exchange supply climbed from 4.2% to 4.6% within just ten days, signaling increased short-term trading and possible selling pressure among holders. The rise suggests more investors are moving $ETH onto exchanges, often viewed as preparation for active trading or profit-taking. Despite the recent increase, Ethereum balances on exchanges remain near historic lows compared with levels seen since 2015. Analysts say the broader trend still reflects long-term accumulation, although near-term market volatility could increase if exchange inflows continue rising.
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