658,600 ETH Worth $1.24B Leaves Exchanges as Ethereum Supply Tightens and Bullish Sentiment Builds
Ethereum (ETH) reserves are moving in different directions across major cryptocurrency exchanges. Gemini and Bitfinex have recorded significant outflows, while Binance’s holdings have remained mostly stable, according to CryptoQuant analyst Amr Taha. Data shared by Taha shows Gemini’s Ethereum reserve fell to 384,400 ETH on July 24. This marks its lowest level since March 2024.