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Ethereum Held on Exchanges Plunges as Stakers Prepare for The Merge

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tldr; Ethereum (ETH) held on exchanges hit a four-year low yesterday following record staking figures on Ethereum 2.0 (the network's incoming upgrade). Centralized exchanges tracked by Glassnode currently hold 19.09 million ETH, a metric which was just under 20 million in July 2018. ETH on exchanges has plummeted by 10% from 21.191 million over the past five days.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.


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