Bitcoin and Ethereum Exchange Supplies Still Near "Bottom of the Barrel"
ETH
BTC

📊 Bitcoin’s supply on exchanges sits at approximately 5.6%, based on the known exchange wallets Santiment has recently updated. It has stayed consistent around this level for the past month, and it is the lowest ratio of $BTC supply on exchanges since 2018.
📊 Meanwhile, Ethereum’s supply (also based on known exchange wallets) at 4.6% on exchanges, which is a notable rise from when it was at 4.2% just 10 days ago. Nevertheless, this is also still near the lowest levels we’ve seen since $ETH’s public trading inception back in 2015.
🧐 Monitor exchange supply for crypto’s top 2 market caps here on this Santiment chart!