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Coinpedia
2024-05-06 10:09:48

Ethereum Hits 30-Day Low in Exchange Reserves

The post Ethereum Hits 30-Day Low in Exchange Reserves appeared first on Coinpedia Fintech News On May 5th, Ethereum’s exchange reserves plummeted to a 30-day low, marking a significant moment in its market dynamics. The data from CryptoQuant shows a sharp decrease in reserves to 13.595 million ETH, while Ethereum peaked at $3,136. The trend of reducing exchange reserves supports the viewpoint of decreasing selling pressure and an increase in …

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