The top post about the Ethereum supply shock is a misleading.

Hello everyone,

There's a popular post on this subreddit that warns of an incoming Ethereum supply shock.

I would just like to point out that the graph is a bit misleading. Yes, the Ethereum reserve in exchanges is dropping, but the post makes it seem far more dramatic than it is.

Here's the link to the graph :

https://cryptoquant.com/overview/eth-exchange-flows/278

The post (intentionally or not) omits the left axis, which clearly shows that the supply on exchanges went from 24M to 18M.

Without the left axis, it would look like the reserves are dropping to zero, which is far from reality.

I just wanted to point this out for a clearer image.

People shouldn't blindly trust the information given to them, and always do your research. Your hard earned money is on the line.