Ethereum Exchange Reserve Plummets: Over 1 Million ETH Withdrawn

On-chain data shows the Ethereum Exchange Reserve has plunged by more than 1 million ETH over the past month. What does this mean for the asset? Ethereum Exchange Reserve Has Seen A Sharp Decline In a new post on X, analyst Ali Martinez has talked about the latest trend in the Exchange Reserve of Ethereum. The “Exchange Reserve” here refers to an on-chain indicator that keeps track of the total amount of ETH that’s sitting in the wallets associated with centralized exchanges. When the value of this metric goes down, it means the investors are withdrawing a net number of coins from these platforms source: https://www.newsbtc.com/news/ethereum/ethereum-exchange-reserve-1-eth-withdrawn/