CEX reserves plummet, ETH and BTC hit nearly 10-month lows.

[Block Rhythm] On August 17, according to on-chain data, Ethereum reserves in CEX continue to decrease, currently only remaining at 18.39 million ETH, which is also the lowest level since October 2022.

The same trend is also reflected in Bitcoin, with the current Bitcoin reserves in CEX being approximately 2.52 million, which is also the lowest level since October 2022.

ETH-4.65%
BTC-1.6%
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MEVHunterNoLossvip
· 13h ago
Are all the funds withdrawn from the exchange running to mev?
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LayerZeroHerovip
· 08-17 14:42
A sharp decline in reserves is the best technical validation.
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defi_detectivevip
· 08-17 14:41
This reserve amount is incredible, is it going to blow up?
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BlockchainRetirementHomevip
· 08-17 14:32
When there are no coins left, it's a bull run.
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OnlyOnMainnetvip
· 08-17 14:31
My CEX ran smoothly.
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SurvivorshipBiasvip
· 08-17 14:24
The bull run is coming!
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DaoGovernanceOfficervip
· 08-17 14:22
*sigh* empirically speaking, CEX outflows = peak decentralization efficiency
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