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.
You may also like
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
