Ethereum Exchange Reserves Just Hit A New 9-Year Low Amid Treasury Accumulations
Description
Ethereum might actually be outperforming every other cryptocurrency right now, and on-chain data shows that this is likely due to a series of accumulations on the back end. Ethereum recently bounced off $3,730, which in turn sent its price climbing back above the $3,800 mark and caused optimism that it could make another attempt toward $4,000. Interestingly, while this is playing out, data from on-chain analytics platform CryptoQuant shows that whale wallets have steadily absorbed ETH supply thr...
$OP
$0.6385
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$ETH
$3430.45
-2.62%
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