Ethereum Supply on Exchanges Falls by $750 Million—Implications for ETH’s Price Outlook

The amount of Ethereum (ETH) being held on cryptocurrency exchanges has recently plunged by around $750 million after massive withdrawals of the second-largest cryptocurrency by market capitalization from these platforms. According to on-chain data from on-chain analysis firm CryptoQuant shared by popular cryptocurrency analyst Ali Martinez, 300,000 ETH tokens worth approximately $750 million were withdrawn

Source: CryptoGlobe