Ethereum Exchange Balances Rise Sharply

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.