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Ethereum supply on exchanges drops 18% amid 27% price rally, limiting sell availability at $2,528

Market News
27 Aug 2026
UToday
View Source
Bullish
pluang ai news

Ethereum holders have withdrawn 1.4 million ETH from exchanges during a 27% price rally, reducing exchange reserves by 18% since June. This unusual trend shows investors moving ETH to staking rather than selling, as the price reached $2,528. Unlike Bitcoin, which remains stable on exchanges, Ethereum's scarcity on trading platforms could accelerate price gains if buying pressure increases. However, ETH still faces resistance near $2,600 to break its bearish trend.

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