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Worth of ETH Left Exchanges Last Week Reaches Highest Weekly Amount Since December 2022
The worth of Ether (ETH) left exchanges last week reached the highest weekly amount since December 2022. This recent development could indicate that investors are holding onto their Ethereum assets, rather than selling them.
As of press time, CoinMarketCap data shows that ETH has dropped below $1,800 due to leverage concerns reaching a peak. Similarly, analysts note that the broader market trend is masking overexposure in the ETH price, which may be unsustainable in the near future.
In other news, Ethereum’s co-founder Vitalik Buterin recently discussed his views on cryptocurrency adoption. In an interview, he expressed his belief that Ethereum has played a crucial role in fostering innovation and growth within the crypto space.
Source: https://u.today/ethereum-foundation-makes-30098-eth-liquidation-play-on-maker-details
