Ethereum Exchange Balance Hits Record Low, Signaling Potential Price Explosion

Ethereum (ETH) has endured a turbulent August, with its price falling by approximately 23% over the past month. The situation reached a low point on August 5 when ETH dropped below $2,200, sparking panic among retail investors before its price rebounded. Notably, this recovery can be partly attributed to substantial fund outflows from spot exchanges. […] source: https://zycrypto.com/ethereum-exchange-balance-hits-record-low-signaling-potential-price-explosion/