Bitcoin Exchange Supply Falls to Lowest Level Since 2018 as Ethereum Remains Near Historic Lows

Data from crypto analytics firm Santiment points to recent changes in cryptocurrency supply held on exchanges, based on wallet data it tracks across major networks.

For Bitcoin, exchange-held supply is currently around 5.6%. This level has remained steady over the past month and is now at its lowest point since 2018.

A similar trend is seen in Ethereum, although with a slight short-term increase. Its exchange balance has risen from 4.2% to 4.6% over the past 10 days, yet it remains near its lowest level since the asset began trading in 2015.

Source: Santiment