Loading...
Market
ETH supply on exchanges at end of Q3 2024
5
Resolution / Starting Odds
Above 12% • 25%
10%-12% • 25%
8%-10% • 25%
Below 8% • 25%
Based on data from blockchain analytics platforms like Glassnode or CryptoQuant
Story
SEC Approval of Ethereum ETFs on May 23rd Leads to $3 Billion, 777,000 ETH Withdrawal
Jun 3, 2024, 07:30 AM
Since the U.S. SEC approved spot Ethereum ETFs on May 23rd, approximately 777,000 ETH, valued at about $3 billion, have been withdrawn from crypto exchanges. This significant outflow, as reported by Glassnode and CryptoQuant, has led to a potential supply squeeze, with only 10.6% of the total Ether supply remaining on exchanges, the lowest in years. The approval last month has prompted bullish behavior among ETH holders.
View original story
Similar markets
Below $1500 • 25%
$1500 - $2000 • 25%
$2000 - $2500 • 25%
Above $2500 • 25%
Increase by 50-60% • 25%
Increase by 61-70% • 25%
Increase by 71-80% • 25%
Increase by more than 80% • 25%
Below $3,500 • 25%
$3,500 to $3,999 • 25%
$4,000 to $4,499 • 25%
Above $4,500 • 25%
Below $10 billion • 25%
$10 billion - $20 billion • 25%
$20 billion - $30 billion • 25%
Above $30 billion • 25%
Below $3,500 • 25%
$3,500 - $4,000 • 25%
$4,001 - $4,500 • 25%
Above $4,500 • 25%
Less than 30% • 33%
30% to 35% • 34%
More than 35% • 33%