Exchange ETH Holdings Hit One-Year Low, Down 20.2%

Cryptocurrency analytics firm Alphractal has tracked a 20.2% decrease in exchange-held ETH, dropping from 19.29 million ETH one year ago to 15.39 million ETH. This marks the lowest point over the past 365 days. Alphractal noted on X that ETH holdings on exchanges have decreased by approximately 3.9 million ETH over the last year, representing a reduction of about one-fifth of total holdings. The firm highlighted this as a noteworthy supply shift alongside price and demand trends.

CoinGecko data shows ETH has traded at $2,403.26 after declining 46.76% over the past year.