Onchain Highlights DEFINITION: The total amount of coins held on exchange addresses. Ethereum (ETH) balance on exchanges has seen a notable decline throughout 2024. Starting the year with 14 million ETH, the exchange reserves gradually decreased, dipping below 12.5 million in late June and reaching a low of around 11.7 million ETH by early August. […]
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Ethereum exchange reserves fall to lowest levels since 2016 amid price volatility