Ethereum Whales Pull ETH Off Exchanges as Reserves Hit Multi-Year Lows in Crypto

Ethereum whales are significantly withdrawing their holdings of ETH from cryptocurrency exchanges, a trend that coincides with reserves on these platforms reaching their lowest levels in several years. This strategic maneuver by large-scale investors reflects their confidence in the long-term value of Ethereum and possibly indicates a shift towards storing their assets in non-custodial wallets, thereby decreasing the amount of ETH available for trading on the open market. source: https://blocknews.com/ethereum-whales-pull-eth-off-exchanges-as-reserves-hit-multi-year-lows-in-crypto/