The post Ethereum Supply on Centralized Exchanges Hits 9-Year Low – What This Means for the Market appeared on BitcoinEthereumNews.com.

As of March 24, data from CryptoRank and Santiment revealed a significant turn of events in the Ethereum (ETH) market. The centralized exchanges (CEX) of the Ethereum network hold the smallest amount of Ethereum in nearly nine years, with 8.97 million ETH remaining on the platforms. This sharp decline indicates a serious shift in Ethereum’s market dynamics, where the number of tokens available for immediate sale or trading on those same platforms is at an all-time low, not seen since November 2015. Ethereum Supply on CEX Hits 9-Year Low – Only 8.97M ETH Left As of March 24, data from CryptoRank and Santiment shows that Ethereum holdings on centralized exchanges (CEX) have dropped to their lowest level since November 2015, now standing at just 8.97 million ETH. 🔹 Reduced… pic.twitter.com/TmU3A8UyX6 — Followin (@followin_io) March 24, 2025 The reduction in the supply of Ethereum on exchanges has sent a ripple of questions among observers about what it might mean for the market. It could be a sign of something more dire in the short term—reduced liquidity, for instance. Or it could be something much nicer: a precursor to a big jump in Ethereum’s price since there’s now less of the stuff on hand for traders to do whatever it is with Ethereum that they do. But sometimes it’s just nice to know in what direction the wind is blowing. So let’s take a look at this etherwind. One Ethereum observer—Evangelos Kandias—has suggested on Twitter that the current situation is hexing traders. Reduced Liquidity May Lead to Price Movements Ethereum’s drop in supply directly impacts centralized exchanges. The liquidity available on those exchanges has decreased significantly. There are now only 8.97 million ETH left on exchanges to trade. And that could create a situation where Ethereum’s price becomes far more reactive to…

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Filed under: News - @ March 25, 2025 7:24 am