1 days ago
CoinRank
CONTENT
According to Cointelegraph, ETH balances on centralized exchanges have fallen to 8.8%, the lowest level since Ethereum launched in 2015. Exchange-held ETH has dropped 43% since early July, aligning closely with the acceleration of DAT purchases — making ETH notably more scarce than BTC (14.7%).
Milk Road highlights that ETH continues to flow into staking, restaking, L2 activity, DATs, collateral loops, and long-term custody — all “hard-to-sell” destinations that steadily shrink liquid supply.
Despite weak market sentiment, supply dynamics don’t follow sentiment. If demand returns, the tightening supply gap could act as a catalyst for upward price movement.
WRITER’S INTRO
