Ethereum Exchange Supply Plummets to Nine-Year Low Amidst Surge in Institutional Demand

The amount of Ether (ETH) held on centralized cryptocurrency exchanges has reached its lowest point since 2016, signaling a significant shift in the market. This dramatic decrease in exchangeable ETH is largely attributed to increased accumulation by institutional investors and corporate treasuries, who are moving the digital asset into self-custody or staking for yield.