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Ethereum scarcity looms as exchange reserves drop

By btcpeers.com on January 16, 2021


Data from CryptoQuant shows that Ether reserves on centralized exchanges are declining with numbers dropping to 8.1 million ETH. Although there are many theories behind the recent drop, Nuggets News’, Alex Saunders, pointed out that at the current rate, “exchanges will run out of ETH in 10 days.”

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Related coins: Ethereum