Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum Reserves on CEX Drop to Lowest Level Since July 2016

Ethereum Reserves on CEX Drop to Lowest Level Since July 2016

View original
金色财经金色财经2025/08/12 02:11

On August 12, The DeFi Report founder Michael Nadeau shared that an ETH supply shock is unfolding in real time. So far in the third quarter, ETH on centralized exchanges (CEX) has dropped by 6.7%, reaching its lowest level since July 2016. As ETH treasury companies begin to implement on-chain strategies to boost yields and per-share ETH holdings, this figure is expected to continue declining. More capital flowing on-chain could trigger a stronger reflexivity effect, where market activity and fundamentals further improve as price trends strengthen.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!