According to data shared by Whale Alert, a total of 367,382 ETH has been withdrawn from leading exchanges such as Bitfinex, Binance, and other smaller exchanges in the past 20 hours. According to a U.Today report, a recent analysis report shows that the ETH balance on cryptocurrency exchanges has dropped to a 15-month low.
What do you think could be the reason for this development?
What do you think could be the reason for this development?