Yesterday, Ethereum (ETH) held on exchanges hit a four-year low following record staking figures on Ethereum 2.0 (the network’s incoming upgrade, recently rebranded to “Consensus Layer”).
Centralized exchanges tracked by the analytics platform Glassnode currently hold 19.09 million Ethereum, a metric which was just under 20 million in July 2018, suggests Glassnode data.
Moreover, Ethereum held on exchanges has plummeted by 10% from 21.191 million over the past five days.
These data…
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