The number of ether (ETH) held in portfolios linked to centralized exchanges fell to a low year of more than nine years of 8.97 million tokens, according to data followed by cryptorank and health.
It is the lowest count since November 2015.
The continuous exodus of parts of centralized trading platform parts can lead to a reduction in the availability of parts on the market, which potentially leads to an upward price wave.
“Investors continue to move ETH to the storage of cold, reducing available liquidity. BTC experienced a similar trend in January when the exchange reserves reached a hollow of 7 years, followed by a high price increase,” said Cryptorank.
The number of BTCs held on centralized scholarships reached a seven -year hollow on January 13 following which prices increased from around $ 90,000 to more than $ 109,000 in the following days.
