Centralized exchanges now hold just 8.7% of total Ethereum supply—a figure we haven't seen since the network went live back in 2015. Think about that for a second. A decade of trading, and we're back to square one in terms of exchange inventory.
Why does this matter? Shrinking supply on platforms means less ETH available for immediate selling. When buying pressure kicks in, there's simply less fuel to absorb demand. Market watchers are flagging this as a setup: tight liquidity, dormant coins sitting in wallets, and a potential squeeze waiting to happen.
We've seen this movie before with other assets. Low float, rising interest—you know how the story goes. Whether this sparks the next leg up depends on when (or if) demand actually shows up. But the stage? It's definitely set.
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CommunityWorker
· 11h ago
Damn, ETH is almost gone from the exchanges. This time it's really different.
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HashRatePhilosopher
· 11h ago
Only 8.7% of ETH left on exchanges? That number is wild. After ten years, it really has returned to 2015 levels.
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GateUser-e87b21ee
· 11h ago
8.7%? Damn, these numbers are really shocking. After ten years, it can still return to 2015 levels. The exchanges are really running out of chips.
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BtcDailyResearcher
· 12h ago
8.7% of ETH reserves are on exchanges... a ten-year cycle, but this time it's really different.
Everyone has moved their assets to their own wallets, it feels like exchanges are empty.
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GasWastingMaximalist
· 12h ago
Only 8.7% of ETH is left on exchanges? How crazy would it have to get for that to be dumped?
Something's brewing in the ETH market.
Centralized exchanges now hold just 8.7% of total Ethereum supply—a figure we haven't seen since the network went live back in 2015. Think about that for a second. A decade of trading, and we're back to square one in terms of exchange inventory.
Why does this matter? Shrinking supply on platforms means less ETH available for immediate selling. When buying pressure kicks in, there's simply less fuel to absorb demand. Market watchers are flagging this as a setup: tight liquidity, dormant coins sitting in wallets, and a potential squeeze waiting to happen.
We've seen this movie before with other assets. Low float, rising interest—you know how the story goes. Whether this sparks the next leg up depends on when (or if) demand actually shows up. But the stage? It's definitely set.