💠Ethereum (ETH) reserves on exchanges have dropped to 8.97 million ETH—the lowest level since 2015. Investors are moving assets to cold wallets, potentially creating a supply shortage and driving prices higher if demand remains strong.
💠A similar situation occurred with Bitcoin in January, leading to a price surge. However, the ETH/BTC pair has hit a five-year low, signaling Ethereum’s weakening position. Competitors like Solana and BNB Chain are strengthening their market presence, forcing the ETH ecosystem to adapt to new trends.