Ethereum exchange supply falls 73% since 2020, BitMine nears 5% ETH treasury target
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🟠 Ethereum supply on exchanges has dropped 73% since the June 2020 peak.
🟢 More ETH is being moved into staking, ETFs, and BitMine’s treasury reserves.
📈 BitMine now holds 4.9% of all $ETH, approaching its long-term 5% target.
📊 ETF inflows and exchange outflows are tightening the liquid ETH market.
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