ETH Price Rally On Horizon! Ethereum Balance on Exchanges Hits Lowest in 3 Years!

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Traders have High Hopes on Ethereum (ETH) Price Rally! The ETH Token Holdings in various crypto exchanges has fallen to its lowest levels since September 2018.

As per Glassnode Data, nearly 550,000 ETH — worth around $1.61 billion — have left centralized trading platforms year-to-date.

As Per IntotheBlock Data, over 180,000 ETH left crypto trading platforms on March 15, bringing the weekly outflow‘s worth to a little over $500 million as of March 18.

Chainalysis Data Also hints bullish signals, revealing that Ether tokens could have left exchanges this week at an average of about 120,000 units per day