ETH Stored Off Exchanges Reaches New ATH
The number of large addresses holding Ethereum (ETH) on non-exchange wallets has reached a new all-time high (ATH). This indicates a growing trend of market participants buying ETH at a fast rate and opting to store it in self-custody wallets rather than on exchanges. At present, the supply held by the top non-exchange addresses stands at 43.41 million, highlighting the increasing interest in holding ETH off exchanges. This also suggests that the intent to sell ETH is almost non-existent among these holders.
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