- Ethereum users decided to lock their ETH after the Merge.
- ETH exchange supply has diminished by 16.4% over the previous seven weeks.
The amount of Ethereum [ETH] on centralized exchanges has dropped to 8.97 million ETH, marking its lowest supply since November 2015.
Additionally, investor behavior has shifted significantly as the immediate trading supply of ETH reaches this historical low.

Source: Santiment
Santiment data reveals a consistent decline in Ethereum supply on centralized exchanges, reflecting increased confidence in Ethereum’s long-term potential.
As a result, ETH holders are increasingly using their tokens for staking and decentralized finance (DeFi) activities, shifting away from prioritizing immediate trading.
Supply shift: Impact of DeFi and staking
The voluntary transfer of Ethereum from exchanges is primarily driven by growing interest in DeFi functions and staking rewards. After the Merge, ETH users began locking their tokens as the shift to Proof of Stake offered staking rewards along with network security benefits.
Additionally, Ethereum’s leadership in the DeFi sector has attracted diverse user groups participating in activities like lending, liquidity provision, and yield farming.
This shift in ownership reflects a preference among investors to engage actively within the ETH network rather than keeping their ETH on centralized exchanges.
The increasing interaction with the Ethereum platform supports its long-term sustainability and growth.
Ethereum’s exchange supply decline accelerates
ETH exchange supply has decreased by 16.4% over the past seven weeks, marking the largest drop since late 2024.
This sharp decline reflects growing investor confidence, as many shift their holdings toward staking and DeFi applications. Ethereum is evolving into a yield-generating asset rather than merely a trading instrument.
The ongoing outflow from exchanges suggests that holders anticipate a rise in Ethereum’s value, supporting a long-term bullish outlook.
Diminished exchange supply could significantly impact market dynamics. Limited ETH availability might drive prices higher due to scarcity at stable demand levels.
Additionally, reduced liquidity on exchanges could lead to increased volatility, amplifying price movements. The continued migration of Ethereum from centralized platforms highlights strong network confidence, reinforcing bullish sentiment.
As DeFi and staking attract more capital, Ethereum’s position as a valuable long-term asset strengthens within the evolving crypto market landscape.
- Ethereum users decided to lock their ETH after the Merge.
- ETH exchange supply has diminished by 16.4% over the previous seven weeks.
The amount of Ethereum [ETH] on centralized exchanges has dropped to 8.97 million ETH, marking its lowest supply since November 2015.
Additionally, investor behavior has shifted significantly as the immediate trading supply of ETH reaches this historical low.

Source: Santiment
Santiment data reveals a consistent decline in Ethereum supply on centralized exchanges, reflecting increased confidence in Ethereum’s long-term potential.
As a result, ETH holders are increasingly using their tokens for staking and decentralized finance (DeFi) activities, shifting away from prioritizing immediate trading.
Supply shift: Impact of DeFi and staking
The voluntary transfer of Ethereum from exchanges is primarily driven by growing interest in DeFi functions and staking rewards. After the Merge, ETH users began locking their tokens as the shift to Proof of Stake offered staking rewards along with network security benefits.
Additionally, Ethereum’s leadership in the DeFi sector has attracted diverse user groups participating in activities like lending, liquidity provision, and yield farming.
This shift in ownership reflects a preference among investors to engage actively within the ETH network rather than keeping their ETH on centralized exchanges.
The increasing interaction with the Ethereum platform supports its long-term sustainability and growth.
Ethereum’s exchange supply decline accelerates
ETH exchange supply has decreased by 16.4% over the past seven weeks, marking the largest drop since late 2024.
This sharp decline reflects growing investor confidence, as many shift their holdings toward staking and DeFi applications. Ethereum is evolving into a yield-generating asset rather than merely a trading instrument.
The ongoing outflow from exchanges suggests that holders anticipate a rise in Ethereum’s value, supporting a long-term bullish outlook.
Diminished exchange supply could significantly impact market dynamics. Limited ETH availability might drive prices higher due to scarcity at stable demand levels.
Additionally, reduced liquidity on exchanges could lead to increased volatility, amplifying price movements. The continued migration of Ethereum from centralized platforms highlights strong network confidence, reinforcing bullish sentiment.
As DeFi and staking attract more capital, Ethereum’s position as a valuable long-term asset strengthens within the evolving crypto market landscape.
PrimeBiome Great information shared.. really enjoyed reading this post thank you author for sharing this post .. appreciated
PrimeBiome Good post! We will be linking to this partspacelarly great post on our site. Keep up the great writing
clomiphene order get cheap clomid pills where buy generic clomid without dr prescription cost clomid without rx how to buy generic clomiphene without prescription buy cheap clomid without prescription where can i get cheap clomid without dr prescription
I’ll certainly bring to be familiar with more.
Thanks for sharing. It’s first quality.
buy zithromax for sale – purchase sumycin pills metronidazole 200mg price
rybelsus 14 mg drug – cost semaglutide 14mg how to buy periactin
domperidone 10mg price – domperidone without prescription buy cyclobenzaprine generic
augmentin 625mg over the counter – atbioinfo.com buy ampicillin medication
buy esomeprazole 40mg sale – nexiumtous esomeprazole 20mg for sale
warfarin for sale online – anticoagulant hyzaar online
purchase meloxicam pill – relieve pain meloxicam online order
oral prednisone 10mg – corticosteroid order prednisone 10mg online cheap
ed solutions – https://fastedtotake.com/ buy ed pills without a prescription
order amoxil online – comba moxi purchase amoxil generic
buy generic forcan for sale – https://gpdifluca.com/ fluconazole 100mg pills
cenforce 100mg uk – on this site cenforce 50mg cheap
does medicare cover cialis – cialis for blood pressure generic cialis 20 mg from india
free coupon for cialis – on this site cialis tadalafil 20mg kaufen
ranitidine buy online – ranitidine 300mg cost order ranitidine pills
More articles like this would make the blogosphere richer. sitio web
This is the kind of delivery I turn up helpful. https://buyfastonl.com/azithromycin.html
This is the compassionate of criticism I positively appreciate. get cialis online