On-chain data shows ERC-20 stablecoins are currently seeing the highest number of exchange withdrawal transactions since May 2021.

Investors Are Withdrawing Their Stablecoins From Exchanges

In a new post on X, CryptoQuant community analyst Maartunn has shared about the latest trend in the Exchange Withdrawing Transactions for the Ethereum-based stablecoins . This indicator measures, as its name implies, the total number of transfers related to an asset or a group of assets flowing from wallets connected to centralized exchanges to self-custodial addresses.

Generally, investors take their coins into self-custody when they are planning to hold them in the long term, or at least, not immediately looking to trade them away. As such, a high value of the Exchange Withdrawal Transactions c

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