Ethereum Sellers Disappear as 1.4M ETH Leaves Exchanges During 27% Rally
TL;DR:
- Investors withdrew 1.4 million ETH from exchange platforms between June 3 and August 27, 2026.
- ETH reserves on exchanges decreased by 18%, dropping from 7.69 million to 6.28 million units.
- Ethereum’s market price recorded a 27% increase since August 16, reaching $2,528.
Ethereum holders withdrew 1.4 million ETH from centralized exchanges during a 27% price rally. The movement reduced the liquid supply available for sale on major trading platforms this August 27.
The outflow of assets from trading platforms toward self-custody solutions and staking contracts accelerated its pace over the last quarter. According to the report from analytics firm Santiment, this behavior differs from the usual dynamics observed during bullish phases, where depositing assets for profit-taking purposes tends to predominate.
ETH holders have pulled 1.4M coins off exchanges since June. BTC holders put more on.
ETH sitting on exchanges fell from about 7.69M coins on Jun 3 to about 6.28M on Aug 27, down roughly 18%.
BTC balances over the same twelve weeks went the other way, up about 0.25%, and… pic.twitter.com/FIj0gOU1op… Continue reading the full article at the original source below.
