ETH sitting on exchanges just dropped to levels we haven't seen in ten years. That's a massive shift—when coins leave exchanges, it usually signals holders are moving to cold storage for the long haul. Could be setting up for something interesting.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.