Bitcoin and Ethereum held on exchanges drops to a multi-year low, here’s why

Recent global developments have put a spotlight on the cryptocurrency sector as people across the world begin to question the decision making process of governments and central banks. 

Multiple metrics like the increasing amount of Ether (ETH) and Bitcoin (BTC) locked in DeFi, soaring transaction and on-chain activity and the plummeting BTC and Ether reserves of top exchanges show that investors are becoming increasingly interested in cryptocurrency.

Data from CryptoQuant, an on-chain…


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