Onchain Foundation Research Director: Glassnode data shows that the balance of Ethereum exchanges has dropped below 10%

avatar
ODAILY
08-19
This article is machine translated
Show original
Odaily Odaily News According to Leon Waidmann, research director of Onchain Foundation, in an article published on the X platform, Glassnode data shows that despite the current price drop, the balance of Ethereum on exchanges has dropped below 10%, significantly lower than the exchange balance of Bitcoin. When the market demand for Ethereum rises again, its price may rise rapidly.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments