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ETH balance on crypto platforms crashed

ETH balance on crypto platforms crashed

The sum of ETH on the biggest platforms for digital assets has slipped and reached its lowest level in more than two years.

Ethereum whales are moving their ETH assets from the most popular cryptocurrency exchanges to digital wallets.

According to the latest info produced by analytics website Glassnode, services are now storing the lowest ETH sum since June 2019.

Cryptocurrency trading services store less than 13 mln ETH. It is a sharp plunge from approximately 19 million in July 2020. Moreover, ETH supply on digital exchange has been in a downtrend since the start of this year.

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