TREE NEWS reports: Lisk business development lead Leon Waidmann said on X that BTC and ETH exchange supply trends are sharply diverging. BTC’s exchange supply share stands at 16.5%, while ETH has fallen below 12.7%, a gap of nearly 4 percentage points. BTC’s exchange holdings have stayed relatively stable while ETH continues to flow out of exchanges, pointing to a structural tightening of ETH’s liquid supply on trading venues.
BTC-ETH Exchange Supply Diverges as ETH Keeps Leaving CEXs
Related Coin Charts
AI take
The divergence matters less as a price signal than as a structural one: ETH's tradable float on venues is thinning while BTC's sits still, which changes how both assets absorb order flow. It affects traders who rely on exchange liquidity for execution and anyone reading supply metrics as a sentiment proxy. Whether ETH's outflow reflects self-custody, staking, or DeFi deployment is not established here, and that distinction is the open question worth watching.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
15m ago
Guangzhou Plans ‘Ocean + Low-Altitude Aerospace’ Push in 15th Five-Year Marine Economy Plan
45m ago
Shanzi Gaoke Hits Limit-Up as Affiliate Moves to Acquire 70.62% of Neta Auto Parent
1h ago
FundPark Partners with JD.com to Finance Import Cross-Border Sellers
1h ago
Yunjun Tech Says MLCC Products Not Used in AI Compute Servers After 30% Surge
1h ago
Gate Lists CATE Perpetual Futures With 1-20x Leverage
2h ago
Abraxas Capital Adds $18.26M to Shorts; Two Wallets Down $81.08M