According to report gathered from beincrypto , the supply of ethereum in exchanges probably for withdrawal to other crypto or to Fiat currency has reduced drastically in the past months.
Analyst are suggesting that it is an indication that people are holdl their ethereum because of the faith they have in the price of ethereum. However , some investors say that people are only afraid to deal with ethereum gas fee transaction ,thus are holdl their ethereum while waiting for reduction in has fee . What do you think can be the reason behind this low supply ?
Analyst are suggesting that it is an indication that people are holdl their ethereum because of the faith they have in the price of ethereum. However , some investors say that people are only afraid to deal with ethereum gas fee transaction ,thus are holdl their ethereum while waiting for reduction in has fee . What do you think can be the reason behind this low supply ?