Ethereum’s recent price action is now being met with robust investor action, especially those on centralized exchanges. As ETH slowly recovers from its pullback , a significant portion of the leading altcoin held on crypto exchanges is leaving these platforms, reducing the risk of a sell-off.

A Steady Drop in Ethereum Exchange Balances

In the midst of fluctuating price actions, Ethereum investors are exhibiting a trend that is becoming nearly impossible to ignore. On-chain data shows that more ETH is subtly slipping out of the hands of cryptocurrency exchanges. According to the report from Mister Crypto, a market expert and investor, the supply of ETH on centralized platforms has been on a downward trend for some time. Although the price of ETH surged to a new all-time

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