Data: Trading platform ETH stocks hit all-time low after crypto market gains this week
According to Santiment, a chain data aggregator, on October 25th, while ETH prices broke through the $1,850 level for the first time in nearly three months, a whale address chose to transfer ETH out of the trading platform. The supply of ETH held in the trading platform's wallet has dropped to 8.41%, the lowest level since Ethereum's inception in 2015. Meanwhile, the whale address extracting ETH from centralized trading platforms has reached its highest level in six months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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